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Can I select both the Section 1231 and Section 1250 for the sale of a property if there is net gain calculated on the Form 4797 in a 1040 return in SureFire?

🔍 Can I select both the Section 1231 and Section 1250 for the sale of a property in SureFire?

No. You can only select Section 1231 or Section 1250 for the sale of a property if there is net gain calculated on the Form 4797 in a 1040 return in SureFire.

You cannot select both sections.

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Phone: 1-800-516-9442

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