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I am using Proseries and couldn’t find a better way than override so I’m going for it. Thanks so much for your help. This was a new one for me this year!
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In the software program I overrode part I for 4797 and put in part II. That seemed to work. Is that how you would’ve handled it? And I really appreciate your re...
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Pub 544 states to treat it as an ordinary loss, and it was held for more than 1 yearLoss from abandonment of business or investment property is deductible as a ...
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Business property was abandoned. How do I enter that in the disposition boxes so that it does not flow to Form 4797 because this is an ordinary loss. If I enter...
