[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-0-en-105":3,"doc-seo-501853-105":59,"doc-detail-501853-en":130},{"code":4,"msg":5,"data":6},0,"success",[7,13,18,23,28,33,38,43,48,51,55],{"id":8,"doc_module":4,"doc_module_name":9,"category_name":10,"show_sort_weight":11,"slug":12},1,"Document","Story & Novel",90,"story-novel",{"id":14,"doc_module":4,"doc_module_name":9,"category_name":15,"show_sort_weight":16,"slug":17},2,"Literature",80,"literature",{"id":19,"doc_module":4,"doc_module_name":9,"category_name":20,"show_sort_weight":21,"slug":22},4,"Exam",70,"exam",{"id":24,"doc_module":4,"doc_module_name":9,"category_name":25,"show_sort_weight":26,"slug":27},5,"Comic",60,"comic",{"id":29,"doc_module":4,"doc_module_name":9,"category_name":30,"show_sort_weight":31,"slug":32},6,"Technology",50,"technology",{"id":34,"doc_module":4,"doc_module_name":9,"category_name":35,"show_sort_weight":36,"slug":37},7,"Healthcare",40,"healthcare",{"id":39,"doc_module":4,"doc_module_name":9,"category_name":40,"show_sort_weight":41,"slug":42},8,"Research & Report",30,"research-report",{"id":44,"doc_module":4,"doc_module_name":9,"category_name":45,"show_sort_weight":46,"slug":47},9,"Religion & Spirituality",20,"religion-spirituality",{"id":46,"doc_module":4,"doc_module_name":9,"category_name":49,"show_sort_weight":46,"slug":50},"World Cup","world-cup",{"id":52,"doc_module":4,"doc_module_name":9,"category_name":53,"show_sort_weight":52,"slug":54},10,"Lifestyle","lifestyle",{"id":56,"doc_module":4,"doc_module_name":9,"category_name":57,"show_sort_weight":24,"slug":58},19,"General","general",{"code":4,"msg":60,"data":61},"ok",{"site_id":62,"language":63,"slug":64,"title":65,"keywords":66,"description":67,"schema_data":68,"social_meta":123,"head_meta":125,"extra_data":127,"updated_unix":129},105,"en","publication-544-sales-and-other-dispositions-of-assets-for-use-in-preparing-2025-returns","Publication 544 - Sales and Other Dispositions of Assets - For use in preparing 2025 Returns","","Publication 544 explains U.S. tax rules for disposing of property, including sales, exchanges, condemnation or threatened condemnation, repossession, abandonment, and gifts. It covers how to figure gain or loss, whether amounts are ordinary or capital, special treatment for business property, and how to report results on a tax return. It also addresses when gain is taxable and loss is deductible, and highlights transactions not covered in this publication.",{"@graph":69,"@context":122},[70,84,105],{"@type":71,"itemListElement":72},"BreadcrumbList",[73,77,79,82],{"item":74,"name":75,"@type":76,"position":8},"https://docshare.wps.com","Home","ListItem",{"item":78,"name":9,"@type":76,"position":14},"https://docshare.wps.com/document/",{"item":80,"name":20,"@type":76,"position":81},"https://docshare.wps.com/document/exam/",3,{"item":83,"name":65,"@type":76,"position":19},"https://docshare.wps.com/document/publication-544-sales-and-other-dispositions-of-assets-for-use-in-preparing-2025-returns/501853/",{"url":83,"name":65,"@type":85,"image":86,"author":91,"headline":65,"publisher":94,"fileFormat":97,"inLanguage":63,"description":67,"dateModified":98,"datePublished":99,"encodingFormat":97,"isAccessibleForFree":100,"interactionStatistic":101},"DigitalDocument",{"url":87,"@type":88,"width":89,"height":90},"https://docshare.wps.com/thumbnails/publication-544-sales-and-other-dispositions-of-assets-for-use-in-preparing-2025-returns/501853.png","ImageObject",300,407,{"name":92,"@type":93},"A glass of water","Person",{"url":74,"name":95,"@type":96},"DocShare","Organization","application/pdf","2026-10-21","2026-10-03",true,{"@type":102,"interactionType":103,"userInteractionCount":29},"InteractionCounter",{"@type":104},"ViewAction",{"@type":106,"mainEntity":107},"FAQPage",[108,114,118],{"name":109,"@type":110,"acceptedAnswer":111},"What events are treated as disposing of property under Publication 544?","Question",{"text":112,"@type":113},"Disposing includes selling, exchanging, condemnation or threatened condemnation, repossession, abandoning property, and giving property away.","Answer",{"name":115,"@type":110,"acceptedAnswer":116},"What does Publication 544 cover about gain or loss?",{"text":117,"@type":113},"It explains how to figure gain or loss on sale, exchange, and other dispositions, and whether the gain or loss is ordinary or capital, including rules for business property.",{"name":119,"@type":110,"acceptedAnswer":120},"Which disposition-related topics are not covered by Publication 544?",{"text":121,"@type":113},"It excludes many transactions involving stocks, bonds, options and similar investments, sale of a main home, installment sales, and transfers of property at death.","https://schema.org",{"og:url":83,"og:type":124,"og:title":65,"og:site_name":95,"og:description":67},"article",{"robots":126,"canonical":83},"index,follow",{"doc_id":128,"site_id":62},501853,1792055638,{"code":4,"msg":5,"data":131},{"doc_id":128,"user_id":132,"nickname":92,"user_avatar":133,"doc_module":4,"category_id":19,"category_name":20,"doc_title":65,"doc_description":67,"doc_content":134,"file_id":135,"file_url":136,"file_type":137,"file_size":138,"view_count":29,"is_deleted":4,"is_public":8,"is_downloadable":8,"audit_status":8,"page_count":139,"language":140,"language_code":63,"site_id":62,"html_lang":63,"table_of_contents":141,"faqs":142,"seo_title":143,"seo_description":67,"update_tm":144,"read_time":145},962090760832,"https://ap-avatar.wpscdn.com/davatar_155a257f0dc6eb9ab79c44ca47cae57d","Publication 544  \nSales and Other Dispositions of Assets  \nFor use in preparing 2025 Returns  \n\n| |  |\n| --- | --- |\n| Get forms and other information faster and easier at: |  |\n| • [IRS.gov](IRS.gov) (English)\u003Cbr>• [IRS.gov/Spanish](IRS.gov/Spanish) (Español)\u003Cbr>• [IRS.gov/Chinese](IRS.gov/Chinese) (中文) | • [IRS.gov/Korean](IRS.gov/Korean) (한국어)\u003Cbr>• [IRS.gov/Russian](IRS.gov/Russian) (Pусский)\u003Cbr>• [IRS.gov/Vietnamese](IRS.gov/Vietnamese) (Tiếng Việt) |\n\n\n| Future Developments\u003Cbr>For the latest information about developments related to Pub. 544, such as legislation enacted after it was published, [go to](go to IRS.gov/Pub544)[ ](go to IRS.gov/Pub544)[IRS.gov/Pub544](go to IRS.gov/Pub544) . |\n| --- |\n| What’s New\u003Cbr>Qualified production property. Section 1245 property now includes qualified production property, if designated and elected to be treated as such by the taxpayer under section 168(n), and placed in service after July 4, 2025, as added by P. L. 119-21, commonly known as the One Big Beautiful Bill Act. If you dispose of qualified production property placed in service after July 4, 2025, the gain will be treated as section 1245 property. See Section 1245 Property in chapter 3.\u003Cbr>Adjusted basis for section 1245 property. Qualified sound recording productions which begin in taxable years ending after July 4, 2025, are eligible for expensing under section 181, and are qualified property under section 168(k)(2) . The basis of such property must be reduced by the section 181 expense deduction and any additional first year depreciation claimed for such property.\u003Cbr>Taxpayers adjusting their basis for section 1245 property will need to consider the expiration of the clean vehicle tax credits for new and used qualified vehicles. The clean vehicle tax credits for new and used qualified vehicles under sections 25E, 30D, and 45W of the Internal Revenue Code expired on September 30, 2025, due to the enactment of P. L. 119-21. See Section 1245 Property in chapter 3.\u003Cbr>Information returns. Information returns now include Form 1099-DA, Digital Asset Proceeds from Broker Transactions, for any digital asset transaction. See Information Returns in chapter 4 for more information. |\n\nImportant Reminders  \nDispositions of U.S. real property interests by foreign persons. If you are a foreign person or firm and you sell or otherwise dispose of a U.S. real property interest, the buyer (or other transferee) may have to withhold income tax on the amount you receive for the property (including cash, the FMV of other property, and any assumed liability) . Corporations, partnerships, trusts, and estates may also have to withhold on certain U.S. real property interests they distribute to you. You must report these dispositions and distributions and any income tax withheld on your U.S. income tax return.  \nFor more information on dispositions of U.S. real property interests, see Pub. 519, U.S. Tax Guide for Aliens. Also, see Pub. 515, Withholding of Tax on Nonresident Aliens and Foreign Entities.  \nForeign source income. If you are a U.S. citizen with income from dispositions of property outside the United States (foreign income), you must report all such income  \nPublication 544 (2025) Catalog Number 15074K  \nFeb 6, 2026 Department of the Treasury Internal Revenue Service [www.irs.gov](www.irs.gov)  \non your tax return unless it is exempt [from U.S. law. You](from U.S. law. You)[ ](from U.S. law. You)must report the income whether you reside inside or outside the United States and whether or not you receive a Form 1099 from the foreign payor.  \nPhotographs of missing children. The Internal Revenue Service (IRS) is a proud partner with the National Center for Missing & Exploited Children® (NCMEC) . Photographs of missing children selected by the Center may appear in this publication on pages that would otherwise be blank. You can help bring these children home by looking at the photographs and calling 1-800-THE-LOST (1-800-843-5678) if you recogn","cbCaiiaMeydnc0rE","https://ap.wps.com/l/cbCaiiaMeydnc0rE","pdf",1732834,64,"English","# Introduction\n## Disposition events\n## Topics covered\n## Transactions not discussed\n# What’s New\n## Qualified production property and Section 1245 treatment\n## Adjusted basis for Section 1245 property\n## Expiration of clean vehicle tax credits\n## Information returns","[{\"question\":\"What events are treated as disposing of property under Publication 544?\",\"answer\":\"Disposing includes selling, exchanging, condemnation or threatened condemnation, repossession, abandoning property, and giving property away.\"},{\"question\":\"What does Publication 544 cover about gain or loss?\",\"answer\":\"It explains how to figure gain or loss on sale, exchange, and other dispositions, and whether the gain or loss is ordinary or capital, including rules for business property.\"},{\"question\":\"Which disposition-related topics are not covered by Publication 544?\",\"answer\":\"It excludes many transactions involving stocks, bonds, options and similar investments, sale of a main home, installment sales, and transfers of property at death.\"}]","Publication 544 - Sales and Other Dispositions of Assets - For use in preparing 2025 Returns | PDF",1791025746,161]