Business closed 10/2018. I have a vehicle and a computer that is not fully depreciated. Shouldn't this be depreciated?
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You will have to dispose of the assets in TurboTax. Disposal of the assets will calculate either the gain or loss on disposal. You can report this in TurboTax by typing "disposition" in the search bar of TurboTax.
You will then see prompts which will walk you through reporting the sale of the property.
You will have to dispose of the assets in TurboTax. Disposal of the assets will calculate either the gain or loss on disposal. You can report this in TurboTax by typing "disposition" in the search bar of TurboTax.
You will then see prompts which will walk you through reporting the sale of the property.
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