This version of the form is not currently in use and is provided for reference only. Download this version of IRS Form 4797 for the current year.
This is a tax form that was released by the Internal Revenue Service (IRS) - a subdivision of the U.S. Department of the Treasury. Check the official IRS-issued instructions before completing and submitting the form.
Q: What is IRS Form 4797?
A: IRS Form 4797 is a tax form used to report the sale or exchange of business property.
Q: Who needs to file IRS Form 4797?
A: Individuals or businesses who have sold or exchanged business property need to file IRS Form 4797.
Q: What information is required on IRS Form 4797?
A: IRS Form 4797 requires information about the property sold or exchanged, the sale price, and any depreciation claimed on the property.
Q: When is IRS Form 4797 due?
A: IRS Form 4797 is generally due on the same date as your income tax return, typically April 15th.
Q: Can IRS Form 4797 be filed electronically?
A: Yes, IRS Form 4797 can be filed electronically using tax software or through the IRS's e-file system.
Q: Are there any penalties for not filing IRS Form 4797?
A: Failure to file IRS Form 4797 can result in penalties and interest charges.
Form Details:
Download a fillable version of IRS Form 4797 through the link below or browse more documents in our library of IRS Forms.