Question
section 1250 gain on form 1065
We sold a building and I reported it on form 4797. We had a gain of which a portion was unrecaptured depreciation and remainder was capital gain. My problem is that the total gain is transferring to schedule K line 10 as well as the unrecaptured depreciation on line 9c. My question is how do I get the correct capital gain amount on line 10 schedule K instead of the total gain.
