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how i record my Sales of business property as short term capital asset?

now is record as a Sales of business property but as long term capital asset as it is wrong? can you help me step by step - form 8949. thanks

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1 Reply
KrisD15
Expert Alumni

how i record my Sales of business property as short term capital asset?

Are you saying that you sold a business asset which was owned for less than 1 year for a profit and it is not being reported as a short-term capital gain?

 

What type of property is it?

When did you buy it? For how much?

Did you take depreciation? 

When did you sell it? For how much? 

 

 

 

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