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Get your taxes done using TurboTax
Have you saved your return, closed TurboTax, and reopened (including accepting updates)?
As a review: the business property/asset disposal topic appears under Federal Taxes >> Income, or under Rental Real Estate / Farming if one of those applies.
When you answer "yes" and continue from the question "Did you dispose of any assets in 20XX?" you should see a list of business assets that have been entered in your return. If this is a new asset, you'll need to add it before you can report the disposal.
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‎February 9, 2025
9:29 AM