Deductions & credits

ThomasM125 · ‎March 3, 2023

You were correct to remove the asset since you no longer have it. I don't know why that would have affected the other assets but you can correct them.

First you have to visit your business entries in TurboTax. So, update your Business Income and Expenses and edit the company you are working on. Then find the Business Asset menu option and edit Assets being depreciated. Choose the asset you want to edit. Work through that section until you find the screen that says Tell us More About This Asset/Large Purchase. You will see an option to enter the date you first started using the asset for business:

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