Capital loss - Business captal loss or ordinary

[cientax]

Client abandonded restaurant equipment and was reported on Form 4797 as loss. Is this a business capital loss or is it ordinary business loss. ?Trying to determine for the NOL worksheet. Thanks

[TAXBILLY]

Not familiar with the term ordinary business loss.

taxbilly

[cientax]

Maybe I should rewrite the question.

For puorposes of the NOL worksheet, would the loss from the 4797 be carried on line 11 of the NOL worksheet that asks for "business capital losses"?

Thanks

[RoyDaleOne]

It is a "business ordinary loss."