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February 13, 2025
Question

How do you edit form 4797 - It is not allowing me to edit "Sale of Business Property"?

  • February 13, 2025
  • 1 reply
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    1 reply

    DawnC
    February 16, 2025

    Use the instructions in the link below:

     

    How do I edit Form 4797 - sales of business property

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    February 18, 2025

    May I talk to a technical support person?

    I am not able to edit form 4797 with the instructions given. I spoke with turbo tax and she had me delete some forms; this did not work either. I have tried to delete and then add and that only doubles things. 

     

    I look forward to hearing from someone in order to adjust my cost basis on sold property.

     

    Thank you,

    Linda Kent

    [phone number removed]

    February 18, 2025

    We don't have the ability to reach out to you over the phone in this forum, you would have to use the help option in TurboTax to do that while you are working on your return.

     

    You would likely need to make an adjustment to the cost basis of the sale in the section where you entered it. It may not be possible to make the adjustment by going directly to the form 4797. 

     

    You enter investment sales in the Wages and Income section of TurboTax, then Investments Sales, then Stocks, cryptocurrency, Mutual Funds, Bonds, etc...

     

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