TaxGuyBill
Level 15
12-11-2020
04:40 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
What do you mean by "group" them? If they are different items, they need to be reported separately. You just enter the sales information on each Asset Entry Worksheet and the sales information for each asset will go onto a separate line on the 4797.
Or are you talking about that you have separate depreciation for the same asset, such as a building with separate improvements that you want to just report as one building sale, rather than the sale of a building and the sale of the separate improvements to that building?