Not reporting sold or scrapped assets on Form 4797

To dispose of an asset and have it not reported on Form 4797, you can follow either of the following steps:
  • Enter disposal information for 1 asset.
  • Enter a mass asset disposition.
Following these steps, after you select the
Sold / Scrapped
disposal method (on the
Disposal
tab or in the
Disposal Wizard
), select
Not reported on Form 4797
for the
Type of property
.

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