Drake Tax - Business Return Sale of Asset Subject to Partial Personal Use

Article #: 11926

Last Updated: October 21, 2024

 


Tags: Drake Tax

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How to report a sale of an asset that was partially used for business

To report sale of an asset that is partially used for personal use, you can:

  • enter only the date of sale on the 4562 detail screen and

  • report the sale information for the business portion on the 4797 screen.