JohnEa Posted March 9, 2018 Report Posted March 9, 2018 Working on prep from a sale of a business and wanted to make sure I had the correct categories. Wanting to make sure my understanding is correct on a 4797. How would you class the following categories on the 4797? Equipment, Furniture and Fixtures Goodwill Stock in trade/Inventory ( This gets zeroed on the Sch C correct and goes to 4797) Website/Domain Name Source code for Website Registered Business Name/Entity Non Compete Agreement Consultation Agreement Thanks Quote
jklcpa Posted March 9, 2018 Report Posted March 9, 2018 Which version of the software are you using, or if another vendor's product, which one? Also, in case the discussion leads to state-related reporting issues, are you in AL or OR? Quote
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