Intuit Accountants Community
:
ProSeries Tax
:
ProSeries Tax Discussions
:
Re: Client sold a property using installment sale. ProSeries Basic want to transfer line 15 to form 4797 which results in the entire sale being taxable this year. Why:
IRonMaN
Level 15
01-21-2025
03:19 PM
Mark as New
Bookmark
Subscribe
Permalink
Print
Report Inappropriate Content
What type of property? Are you sure you aren't just being subject to depreciation recapture?
Slava Ukraini!
2
Cheers
Reply