Skip to main content
March 22, 2023
Question

Where do I mark that I sold my business in 2022?

  • March 22, 2023
  • 1 reply
  • 0 views
I sold my business in 2022, for the same price that I bought it for in 2020. I have completed form 8594, but not sure where on my tax return to put that information.

1 reply

March 22, 2023

Before we can answer this question, we'll need to clarify what kind of business was sold? Was it a sole-proprietorship, partnership, S-corp?

 

For more information

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"
Critter-3
March 22, 2023

And which classes  on the form 8594 were utilized ? 

 

March 22, 2023

Classes IV, V, VI & VII.