Diana1
Level 2
01-26-2022
10:44 AM
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The Worksheet for sale of a home with disqualified business use on Form 4797 includes line 9 "Number of days taxpayer owned the property". This number is the denominator for the % of gain allocated to nonqualifed use. Where is this value coming from? It is resulting in a higher allocation as nonqualified of the gain exclusion.
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