Form 4797 (2013)Page 2

Part IIIGain From Disposition of Property Under Sections 1245, 1250, 1252, 1254, and 1255 

(see instructions)

19(a)  Description of section 1245, 1250, 1252, 1254, or 1255 property:(b)  Date acquired (mo., day, yr.)(c)  Date sold (mo., day, yr.)

A

B

C

D

These columns relate to the properties on lines 19A through 19D.aProperty AProperty BProperty CProperty D

20Gross sales price (Note:  See line 1 before completing.).20

21Cost or other basis plus expense of sale.....21

22Depreciation (or depletion) allowed or allowable .    .    .22

23Adjusted basis. Subtract line 22 from line 21....23

24Total gain. Subtract line 23 from line 20.....24

25     If section 1245 property:

aDepreciation allowed or allowable from line 22   .    .    .25a

bEnter the  smaller  of line 24 or 25a......25b

26If section 1250 property:  If straight line depreciation was used, 

enter -0- on line 26g, except for a corporation subject to section 291.

aAdditional depreciation after 1975 (see instructions)     .    26a

bApplicable percentage multiplied by the  smaller  of line 

24 or  line 26a (see instructions)....... 26b

cSubtract line 26a from line 24. If residential rental property  

or  line 24 is not more than line 26a, skip lines 26d and 26e26c

dAdditional depreciation after 1969 and before 1976.    .26d

eEnter the  smaller  of line 26c or 26d......26e

fSection 291 amount (corporations only).....26f

gAdd lines 26b, 26e, and 26f.........26g

27If section 1252 property:  Skip this section if you did not 

dispose of farmland or if this form is being completed for a 

partnership (other than an electing large partnership).

aSoil, water, and land clearing expenses.....27a

bLine 27a multiplied by applicable percentage (see instructions) 27b

cEnter the  smaller  of line 24 or 27b......27c

28     If section 1254 property:

aIntangible drilling and development costs, expenditures 

for development of mines and other natural deposits,  

mining exploration costs, and depletion (see 

instructions) .............28a

bEnter the  smaller  of line 24 or 28a......28b

29     If section 1255 property:

aApplicable percentage of payments excluded from 

income under section 126 (see instructions)....29a

bEnter the  smaller  of line 24 or 29a (see instructions)  .29b

Summary of Part III Gains.  Complete property columns A through D through line 29b before going to line 30.

30Total gains for all properties. Add property columns A through D, line 24.............30

31Add property columns A through D, lines 25b, 26g, 27c, 28b, and 29b. Enter here and on line 13......31

32Subtract line 31 from line 30. Enter the portion from casualty or theft on Form 4684, line 33. Enter the portion from 

other than casualty or theft on Form 4797, line 6....................32

Part IVRecapture Amounts Under Sections 179 and 280F(b)(2) When Business Use Drops to 50% or Less  

(see instructions)

(a) Section 

179

(b) Section 

280F(b)(2)

33Section 179 expense deduction or depreciation allowable in prior years........ 33

34Recomputed depreciation (see instructions)................34

35 Recapture amount. Subtract line 34 from line 33. See the instructions for where to report     .    .35

Form 4797 (2013)

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