Part IV. Allocation of Items to U.S. Transferor

With Respect to Section 721(c) Property For each reportable section 721(c) property, enter the amount (both book and tax) of income, gain, deduction, and loss allocated to the U.S. transferor under the gain deferral method. See General Instructions under Schedule G, earlier, for the order in which properties must be listed and when an attached statement can and must be used. In addition, a description of any tax item or regulatory allocation for a reportable section 721(c) property that is allocated to the U.S. transferor must be included in Part VI, Supplemental Information.