Download forms 1040 and 4797, "Sales of Business Property," from the IRS website. Complete Form 1040 until you get to line 14, which requests information about business gains or losses, then ...

If I would have sold the cows as culls, I would have put them as long-term on my 4797. ... Form 1099-G Does Not Always Require Schedule F Reporting. paul neiffer Farm CPA.

Please see the instructions for schedule D and form 4797 for the correct treatment and proper reporting by traders. Expenses of traders always go on schedule C. Gain or loss from securities never does ...

Part II of Form 4797 records your investment gains and losses as ordinary gains and losses. Advertisement. Article continues below this ad. More For You. How to Access a Rocketmail Account.