Drake Tax - Business Return Sale of Asset Subject to Partial Personal Use
Article #: 11926
Last Updated: October 18, 2024
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:
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enter only the date of sale on the 4562 detail screen and
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report the sale information for the business portion on the 4797 screen.