Internal Revenue Service United States Department of the Treasury

Instructions for Form 4797 (2012)

Sales of Business Property (Also Involuntary Conversions and Recapture Amounts Under Sections 179 and 280F(b)(2))

Section references are to the Internal Revenue Code unless otherwise noted.

2012


Table of Contents

  • General Instructions
    • Future Developments
    • Purpose of Form
    • Other Forms You May Have To File
    • Special Rules
      • At-Risk Rules
      • Depreciable Property and Other Property Disposed of in the Same Transaction
      • Disposition of Assets That Constitute a Trade or Business
      • Installment Sales
      • Traders Who Made a Mark-To-Market Election
      • Sale of Home Used for Business
      • Involuntary Conversion of Property
      • Passive Loss Limitations
      • Recapture of Preproductive Expenses
      • Section 197(f)(9)(B)(ii) Election
      • Exclusion of Gain From Sale of DC Zone Assets
      • Exclusion of Gain From Qualified Community Assets
  • Specific Instructions
      • Disposition by a Partnership or S Corporation of Section 179 Property
      • Line 1
  • Instructions for Form 4797 - Notices
    • Part I
      • Transactions to which section 1231 does not apply.
      • Line 7
      • Line 8
      • Line 9
    • Part II
      • Line 10
      • Line 18a
    • Part III
      • Line 20
      • Line 21
      • Line 22
      • Line 23
      • Line 25
      • Line 26
      • Line 27
      • Line 28
      • Line 29a
      • Line 29b
    • Part IV
      • Column (a)
      • Column (b)
      • Line 33
      • Line 34
      • Line 35
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