TaxGuyBill
Level 15
08-28-2023
09:15 PM
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@Dottie Fauci wrote:
If I enter the sales prices for all the assets in service, the system is taking the whole $88,000, but the sellers only received $17,000.
Where exactly are you seeing the $88,000? Is it showing up on page ONE of Form 4797, and flowing to Schedule 1?
Have you 'linked' the Asset Entry Worksheet to the Installment Sale worksheet?