DaveF1006
Expert Alumni

Deductions & credits

It depends. As you mention, you can dispose of them next year or this year. It won't make any difference in your return since your fully depreciated assets had no value when you disposed them.. 

 

For the remaining assets, you can allocate or assign a portion of your sales proceeds to your remaining assets or assign a zero value to these and allocate the full amount of your sales proceeds to your house. Please review this Turbo Tax link for more information.

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