If I can't get the box that says "In 2024, I disposed of nondepreciable business assets or Section 1252, 1254.....", could it be because I sold equipment for which I took Sec 179 in previous years and I have to list it in the Asset Sales Worksheet now?
Disregard. I finally got the box to uncheck
01590
1 Replies
RobertB4444
Expert Alumni
Apr 7, 2025 9:34:41 AM
Yes, it could be that. The asset would be fully depreciated if you took the 179 deduction. Any amount on the sale would be taxable.