TaxGuyBill
Level 15
02-23-2024
02:28 PM
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Have you looked at the handy chart in page one of the Instructions for Form 4797?
https://www.irs.gov/pub/irs-pdf/i4797.pdf
But don't forget the "Special Rule" if both the building and land was sold.
https://www.irs.gov/instructions/i4797#en_US_2022_publink13087td0e531