PatriciaV
Expert Alumni

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.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"