I'm trying to e-file 2021 short year partnership tax return in 2020 Lacerte. The partnership sold all of their assets in 2021 which I entered in depreciation (screen 14 - general disposition information and sale of asset). I did it as a bulk sale. However, it doesn't generate form 4797, but it does show date sold in depreciation schedule. Any ideas how to resolve this?
This discussion has been locked. No new contributions can be made. You may start a new discussion here
Did you enter a sales price?
Yes, I entered sales price and matched all the assets to the asset that has the price entered.
Was Section 179 claimed on the assets?
One of them claimed 179 in 2018
You have clicked a link to a site outside of the Intuit Accountants Community. By clicking "Continue", you will leave the community and be taken to that site instead.