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Disposition of property:   Business property
Sales of assets

Dispositions of
Business Property

Introduction

If you dispose of business property, you may have a gain or loss that you report on Form 1040. However, in some cases you may have a gain that is not taxable or a loss that is not deductible. This chapter discusses whether you have a disposition, how to figure the gain or loss, and where to report the gain or loss.

Useful items

Publication  544:  Sales and Other Dispositions of Assets
Form (and Instructions)
4797 Sales of Business Property
Sch D (Form 1040) Capital Gains and Losses
See chapter 12 for information about getting publications and forms.

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Master Index | List of Publications | List of Acronyms