Complete Moab Incorporated's Form $4797$ for the year $2023.$

Note: Input all the values as positive numbers. Use $2023$ tax rules regardless of year on tax form.

Department of the Treasury

Internal Revenue Service

Name$($s$)$ shown on return

Sales ol dusimess rioperty

$($Also Involuntary Conversions and Recapture

Amounts

Under Sections $179$ and $280$F$($b$)(2))$

Attach to your tax return.

Go to

wwwirs.gov$/$Form$4797$ for instructions and the latest information.

$2022$

Attachment Sequence No$.27$

Identifying number $($Enter as $-$

${?}^{}x)$

$1$a Enter the gross proceeds from sales or exchanges reported to you for $2022$ on Form$($s$)1099-$B or $1099-$S $($or

substitute statement$)$ that you are including on line $2,10,$ or $20.$ See instructions

b Enter the total amount of gain that you are including on lines $2,10,$ and $24$ due to the partial dispositions of MACRS assets

c Enter the total amount of loss that you are including on lines $2$ and $10$ due to the partial dispositions of MACRS assets

Part$$

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$)$

line $11$ below and skip lines $8$ and $9$ If line $7$ is a gain and you didn't have any prior ye

recaptured in an earlier year, enter the gain from line $7$ as a long$-$term capital gain on

skap lines $8,9,11,$ and $12$ below.

$8$ Nonrecaptured net section $1231$ losses from prior years. See instructions.

$9$ Subtract line $8$ from line $7.$ If zero or less, enter $-0-$ If line $9$ is zero, enter the gain fr

more than zero, enter the amount from line $8$ on line $12$ below and enter the gain from

Schedule D filed with your return. See instructions

Part II

$10$ Ordinary gains and losses not included on lines $11$ through $16($include propertions$)$

$10$ Ordinary gains and losses not included on lines $11$ through $16($include property held $1$ year or less$)$

Gain 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

$($c$)$ Date sold $($mo$,$

$($mo$,$ day, yr$.)$

day, yr$.)$

These columns relate to the properties on lines $19$A through $19$D$.$

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

$21$ Cost or other basis plus expense of sale

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

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

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

$25$ If section $1245$ property.

a Deprecation allowed or allowable from line $22$

b Enter the smaller of line $24$ or $25$ a

$26$ if section $1250$ property. If straight line depreciation was used,

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

$291$

a Additional depreciation after $1975$ see instructions.

b Applicable percentage multiplied by the smaller of line

$24$ or line $26$a$.$ See instructions

c Subtract line $26$ a from line $24.$ If residential rental property

or line $24$ isn't more than line $26$a$,$ skip lines $26$ d and $26$ e

d Additional depreciation affer $1969$ and before $1976$

e Enter the smaller of line $26$ c or $26$ d

f Section $291$ amount $($corporations only$)$

g Add lines $26$b$,26$e$,$ and $26f$

$27$ if section $1252$ property: Skip this section if you didn't

dispose of farmland or if this form is being completed for

a partnership.

a Soll, water, and land clearing expenses

b Line $27$ a multiplied by applicable percentage. See instructions

C Enter the smaller of line $24$ or $27$b

$28$ If section $1254$ property.

a Intangible drilling and development costs, expenditures

for development of mines and other natural deposits,

mining exploration costs, and depletion. See instructions

b Enter the smaller of line $24$ or $28$ a

$29$ if section $1255$ property.

a Applicable percentage of payments excluded from

income under section $126$ See instructions

b Enter the smaller of line $24$ or $29$ a$.$ See instructions

$2$

$\backslash$table$[[],[]]$

$$

$1$

Summary of Part Ill Gains.

Complete property columns A through D through line $29$b before going to line

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

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

$32$ subtract line $31$ from line $30$ Enter the portion from casually or theft on Form $4684,$ line $33.$ Enter the portion from

other than casualty or theft on Form $4797,$ line $6$

Recapture Amounts Under Sections $179$ and $280$F$($b$)(2)$ When Business Use Drops to $50\%$ or Less $($see

instructions$)$

$33$ Section $179$ expense doduction or depreciation allowable in prior years

$35$ Recaptare arnount Subtract tine $34$ from line $33$ Soe lie instructions for where to reporl

THIS FORM IS A SIMULATION OF AN OFFICIAL U$.$S$.$ TAX FORM. IT IS NOT THE OFFICIAL FORM ITSELF. DO NOT FORT $4797(2022)$

OR FOR ANY PURPOSE OTHER THAN EDUCATIONAL. Source: Irs. gov