Publication 225: Farmer's Tax Guide;

This is archived information that pertains only to the 2004 Tax Year. If you
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From 4797 Sales of Business Property 2004. Summary: This is an example of Form 4797 with items included as described in the text. Additionally, these line items were filled out:Under “Part I: 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.)”:

(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) Cost or other basis, plus improvements and expense of sale	(g) Gain or (loss) Subtract (f) from the sum of (d) and (e)
Raised cows	before 2000	2004	13,160	0	325	12,835
Dairy cow #52	7-15-00	2-3-04	303	514	912	negative 95

Under “Part II: Ordinary Gains and Losses”:

“10. Ordinary gains and losses not included on lines 11 through 17 (include property held 1 year or less)”:

“(a) Description of property” field contains Raised dairy heifer “(b) Date acquired (mo., day, yr.)” field contains 10-2-03 “(c) Date sold (mo., day, yr.)” field contains 3-3-04 “(d) Gross sales price” field contains 255 “(e) Depreciation allowed or allowable since acquisition” field contains 0 “(f) Cost or other basis, plus improvements and expense of sale” field contains 5