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Deprecation Report Adjustment
Hello, I sold an asset in early 2023, but TurboTax still uses the full year for the accumulated depreciation even when I entered the sale date of 02/24/2023. Is there a way to make this adjustment.? Bought for $7000, sold for $2500. TurboTax is reporting a Gain of $2500 with a full depreciation of $7000.
Thanks in advance.
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March 9, 2024
2:46 PM