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Other Gains / (Losses)

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Going back will take you to instructions for the current tax year.

Line: 
7
Step: 
Step 5
Step Subject: 
Gross Income
Year: 
2016

If you sold or exchanged assets used in a trade or business and completed federal form 4797, enter 100% of the gain or loss as shown on line 14 of the federal 1040. Include a copy of federal form 4797.

Married Separate Filers:

Divide gains or losses based on ownership of the asset sold or exchanged.

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