dascpa
Level 12
04-04-2021
04:23 PM
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Use an Excel (or similar) sheet. List all the assets and their cost basis. Then in the next column come up with each asset's % of the total. In the next column allocate the sales price by each assets %, and do the same if there are costs of asset sales. Finally in ProSeries mark each asset sold with their allocated sales price and cost of sale. All will transfer to form 4797.