Client sold real estate. Just land. No depreciation. No income from ownership.
Which Section does the sale apply to on From 4797? 1245, 1250, 1252, 1254, or 1255.
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How was it used in a trade or business? Otherwise, forget Form 4797. Use Schedule D.
How was it used in a trade or business? Otherwise, forget Form 4797. Use Schedule D.
Not used in trade or business. Thanks for the quick response.
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