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Get your taxes done using TurboTax
There are a couple of ways to handle this scenario in TurboTax. @Critter-3 ?
One would be to indicate each asset was sold and allocate a portion of the sales price to the asset.
Another would be to add up the bases (plural) of all of the assets and all of the depreciation deductions and then enter those figures as the sale of one asset.
‎January 17, 2023
8:32 AM