Multiple errors in real estate asset sale calculation

[shaunmemt]

Folks,

Entered info on sale of a rental condo.  Several SERIOUS errors.

1) Calculation of gain on form 4797 did include expenses of sale, but did not include remaining basis amount, as form specifies.

2) Gain from property from 4797 calculation for property owned for 11 years was not shifted to a Schedule D long term gain calculation or the correct Schedule D worksheet for depreciation recapture and long term gain.

Note that the 4797 did show the previously accumulated depreciation on the property correctly.  Turbotax input from previous years did include the basis information.

 Really need this fixed folks,

Respectfully,

shaunmemt