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April 11, 2025
Question

How do you delete sale of business property in income & expenses?

  • April 11, 2025
  • 1 reply
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There is just edit, but no delete. It was just inserted there by mistake.

    1 reply

    April 11, 2025

    When you enter the sale of business property section, you should see a screen entitled Sales of Business or Rental Property, on which you will see an option to delete the sale you already entered:

     

     

    Otherwise, you can delete the Form 4797 that reports the sale, assuming you don't have other business sales listed on it.

     

    Follow these instructions:

     

    1. Choose the Tax Tools option on your left menu bar while working on your return

    2. Choose Tools

    3. Choose the Delete a form option under Other Helpful links 

    4. Find the Form 4797 in the list and delete it

     

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