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I can't clear the amount on "sale of business property" in wages & income

Turbotax help suggests I revisit the item and delete it but it doesn't help.
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2 Replies
LindaS5247
Employee Tax Expert

I can't clear the amount on "sale of business property" in wages & income

You can remove a "Sale of Business Property" that may have been added in error. You can delete your entries for sale of business property by going back to that section in TurboTax. You can review your screens and delete any entries.

 

You can delete your entries for a sale of business property as follows:

  1. Click on the search icon in the upper right of your TurboTax screen
  2. Type "sale of business property" in the search box
  3. Click on the link "Jump to sale of business property"
  4. Follow through your screens and delete any entries you made.

If a Form 4797, "Sales of Business Property" was created and remains in your return, you can delete that Form using the following instructions.

 

If you are using TurboTax Desktop:

  1. Click on "Forms" in the upper right corner of your TurboTax screen to switch to Forms Mode
  2. In your left panel under "Forms in My Return"
  3. Scroll down to "Form 4797 Sales of Business Property"
  4. Click on the form and it will display in your right panel
  5. In the bottom left of the form in your right panel click on "Delete Form"
  6. Select Yes to confirm the deletion

If you are using TurboTax Online:

  1. Choose Tax Tools option on the left menu bar in the federal section of TurboTax
  2. Choose Tools
  3. Under Other Helpful Links choose Delete a form
  4. Find the Form 4797 Sales of Business Property and click on the option to delete it

 

See Also:

How do I edit or delete the sale of a business property I've already entered (Form 4797)?

 

If you have additional information or questions regarding this, please return to Community and we would be glad to help.
 

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I can't clear the amount on "sale of business property" in wages & income

I don't know if that was exactly what I tried but I know I followed the exact steps given in the standard help and it didn't work. So I gave up and started a new tax filing. It was frustrating but it worked. I'm hoping that I never have to use TurboTax again.

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