Jhoebo
Level 1
02-22-2022
08:21 AM
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I have a client who sold their rental property at a loss to a related party. I understand that they cannot take any losses on this sale. When I enter the info on the Disposition Worksheet Proseries wants to take the losses on 4797. I feel that this "disposition" should be reported on their Return, but there doesn't seem to be a clean way to do this without overriding several items, which prevents e-Filing.
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