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Get your taxes done using TurboTax
Originally I was planning on replacing them since I received insurance to replace them. One of the assets which I received insurance proceeds ended up being replaced by the manufacturer this month since there was a pending repair request for it at the time of the hurricane and I am still not able to dispose of it or receive the new asset due to lack of an elevator. Do I have to report gain on that item?
‎October 2, 2024
12:24 PM