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.
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What Is a Disposition of Property?
Like-kind exchanges.
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How Do I Figure a Gain or Loss?
Is My Gain or Loss Ordinary or Capital?
Is My Capital Gain or Loss Short Term or Long Term?
Useful Items - You may want to see:
Publication
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544 Sales and Other Dispositions of Assets
Form (and Instructions)
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4797 Sales of Business Property
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Sch D (Form 1040) Capital Gains and Losses
See IRS Forms and Publications for information about getting publications and forms.
Information courtesy of the Internal Revenue Service.
