Part III of Form 4797 Is Used to Report Gains

question 57

True/False

Part III of Form 4797 is used to report gains from the sale of depreciable business equipment sold at a gain and held more than one year.

---

Definitions:

Melting Point

The temperature at which a solid becomes a liquid at atmospheric pressure.

Intermolecular Forces

Forces of attraction or repulsion which act between neighboring particles, such as atoms or molecules, affecting the physical properties of substances.

Bend

To cause something to change its shape by applying force without breaking.

Saturated

Describes a chemical compound, typically a fat, that contains no double bonds between carbon atoms, allowing it to hold a maximum number of hydrogen atoms.