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New Member
posted Oct 10, 2022 2:09:42 PM

Cannot 'get' to Sale of Business Property section, jumps to the end or Summary no matter what I do. Also, unable to delete Form 4797.

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2 Replies
Level 15
Oct 10, 2022 2:16:20 PM

To delete a form or schedule -

Click on Tax Tools on the left side of the online program screen

Click on Tools

Click on Delete a form

 

Sale of Business Property -

Click on Federal 

Click on Income & Expenses

Scroll down to Other Business Situations

Click on Show More

On Sale of Business Property, click on Start or Revisit

Level 15
Oct 10, 2022 2:17:24 PM

The sale of business properties should be on the form 4797  and  to get there you sell off all the assets in the Sch C, E or F sections.  You do not ALSO enter it in the sale of business property section.