Question
Form 4797
I am a long time user of Pro Series, changing this year to ProConnect. I am experimenting with their trial tax return. When selling rental property in Pro Series, inputs would be in Asset Entry . In ProConnect, I entered sale in Dispositions. On Form 4797, depreciation taken is shown in the section 1245 section. For real property. shouldn't depreciation be in the section 1250 section?
