Sales of Business Property OMB No. 1545-0184 Fa m 4797 Department el the Treasury IntamrJ Revenue Service (Also Involuntary Conversions and Recapture Amounts Under Sections 179 and 280F(b)(2)) lo Attach to your tax return. ► Go to www.irs.gov/Form4797 for instructions and the latest Information. 2017 Attachment Sequence No. 27 Name(s) shown on return 1 Identifying number 1 Enter the gross proceeds from sales or exchanges reported to you for 2017 on Form(s) 1099-B or 1099-S (or substitute statement) that you are including on line 2, 10, or 20. See instructions Part I 1 Sales or Exchanges of Property Used in a Trade or Business and Involuntary Conversions From Other Than Casualty or Theft—Most Property Held More Than 1 Year (see instructions 2 (a) Description of property (b) Date acquired (mo.. day. yr.) (c) Date sold (mo.. day. yr.) (d) Gross sales price (e) Depreciation allowed or allowable since acquisition (f) Costa' other basis plus improvements and expense of sale (9) Gain or pees) Subbett (1) I rOM the yin, or td) and as 3 Gain, if any, from Form 4684, line 39 3 4 Section 1231 gain from installment sales from Form 6252, line 26 or 37 4 5 Section 1231 gain or (loss) from like-kind exchanges from Form 8824 5 6 Gain, if any, from line 32. from other than casualty or theft 6 7 Combine lines 2 through 6. Enter the gain or (loss) here and on the appropriate line as follows: 7 Partnerships (except electing large partnerships) and S corporations. Report the gain or (loss) following the instructions for Form 1065. Schedule K. line 10. or Form 1120S. Schedule K. line 9. Skip lines 8, 9. 11. and 12 below. Individuals, partners, S corporation shareholders, and all others. If line 7 is zero or a loss, enter the amount from line 7 on line 11 below and skip lines 8 and 9. If line 7 Is a gain and you didn't have any prior year section 1231 losses, or they were recaptured in an earlier year, enter the gain from line