ANYONE ELSE HAVING TROUBLE WITH FORM 4797?

[LISAT]

I have entered sale of an asset and it is calculating a portion to Sch D which is correct and

on Sch C, under other expenses as income listed as Research and Experimental.

[strongsilence]

This makes no sense to me. You would be advised to check your input. Or ask someone else to review it.  Or see if LC tech support can view it with you. I am curious as to the cause.

[LISAT]

We have reviewed all input.  Have you tried to sale and asset on a Sch F?

[Kathi_at_Intuit]

Hi @LISAT Glad to see you in the Community, and thanks for posting about the trouble with Form 4797. We recommend contacting Lacerte Support for this, as they’ll be able to investigate further and submit a report if there’s an issue.

[LISAT]

Thanks Kathi

It was fixed with update.

Thanks