If the property contains depreciable assets, it's recommended to use the Asset Entry Worksheets.
If the property doesn't contain depreciable assets, you can use the Disposition Worksheet to report the sale. To locate the Disposition Worksheet:
- Open the Schedule E Worksheet.
- Press F6 on your keyboard, type "EW" and press Enter to bring
- Scroll down to Schedule A Smart Worksheet.
- Under the Schedule A Smart Worksheet, select the QuickZoom to Disposition Worksheet.
- Complete this worksheet for the sale or other disposition of non-depreciable property used in a business or rental activity.
For the disposition of depreciable assets that don't have corresponding Asset Entry Worksheets, you can manually complete Form 4797.