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12-06-2019
04:41 PM
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For sale of business use property it goes from Form 6252, to Form 4797, to Form 1120S, on the K-1 it depends on exactly what the assets are, but likely they will will end up in box 9 - Net section 1231 gain. Carefully consider the installment sale for depreciable property, all of the depreciation must be recaptured in the year of the sale, even if no payments have been received.