What do I enter for the sale of business assets?
Menu Path: Income > Business / Rental Income > Sale of Business Assets
If you have an asset that was used for business and then was converted to personal use, you can report the sale of that asset here. There are also other circumstances where you may be directed by the software to enter the sale of assets here.
Assets reported here will be reported on Form 4797.
If you have an asset that was used for business and then was converted to personal use, you can report the sale of that asset here. There are also other circumstances where you may be directed by the software to enter the sale of assets here.
Assets reported here will be reported on Form 4797.
