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posted Mar 16, 2023 4:22:45 PM

form4797

system will not let me type in    a partnership gain on line 10 of form 4797

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1 Replies
Expert Alumni
Mar 17, 2023 7:21:21 AM

 If you are using Turbo Tax software, go to the forms mode>select open form>type in 4797.  Now select enterable 4797 Sales of business property (page 2). Scroll down to part 3 to make your entry. This assuming this is a gain from a sale of a partnership interest.

 

If you are using the online version, you will not be able to enter this directly on a 4797. Here you will have to go to federal>wages and income>business items>sales of business property to record this. This will generate a 4797 with an entry on line 10.

 

let us know if this helps.