Question

how to delete the sale of business property value

Forum|Forum|1 year ago
February 3, 2025
2 replies
0 views

I have a value of 6000 there but I need to delete it as it is a mistake.

To edit or delete the sale of a business property you've already entered:

Open or continue your return.
Navigate to the sale of business property section:
- TurboTax Online/Mobile: Go to sale of business property.
- TurboTax Desktop: Search for sale of business property (use this exact phrase—copy/paste if necessary) and then select the Jump to link.
On the Any Other Property Sales? screen, make sure the first checkbox is selected and choose Continue.
The next screen, Sales of Business or Rental Property, should display Edit and Delete buttons next to all the properties you've already entered.
Select the appropriate button and follow the onscreen instructions to either edit or delete the info on Form 4797.

These instructions are from this TurboTax FAQ.

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N

Naresh71

does not work.

no Edit button or start over.

How to remove entry?

KrisD15

Which TurboTax version are you using (Home & Business, Premier)

and is it Online or Desktop.

If the one business item is all you sold, you can delete Form 4797

You should also be able to get to the list by selecting the Business tab (for Desktop)

Scroll down to "Sale of Business Property"

UPDATE

Continue to list, select EDIT for "Copy 1" if listed

Select DELETE for the item sold on this list

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B

bobaickelin

How do i delete entered in mistake

LindaS5247

You can remove a "Sale of Business Property" that you added in error. You can delete your entries for sale of business property by going back to that section in TurboTax. You can review your screens and delete any entries.

You can delete your entries for a sale of business property as follows:

Click on the search icon in the upper right of your TurboTax screen
Type "sale of business property" in the search box
Click on the link "Jump to sale of business property"
Follow through your screens and delete any entries you made.

If a Form 4797, "Sales of Business Property" was created and remains in your return, you can delete that Form using the following instructions.

If you are using TurboTax Desktop:

Click on "Forms" in the upper right corner of your TurboTax screen to switch to Forms Mode
In your left panel under "Forms in My Return"
Scroll down to "Form 4797 Sales of Business Property"
Click on the form and it displays in your right panel
In the bottom left of the form in your right panel click on "Delete Form"

If you are using TurboTax Online:

Choose Tax Tools option on the left menu bar in the federal section of TurboTax
Choose Tools
Under Other Helpful Links choose Delete a form
Find the Form 4797 Sales of Business Property and click on the option to delete it

Your screens will look something like this:

Type "sale of business property" in your search bar:

When you switch to Forms Mode in TurboTax Desktop, your screen will look something like this to delete Form 4797:

When you delete a form in TurboTax Online go to "Tax Tools" then "Tools" and select "Delete a Form" then find your Form 4797 in the list and click on "Delete"