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Do you have to report the "sale, removal, or donation" of ANY business asset, even those that are old and have no real value, like a chair or old tools when you file your business tax return under the "Sale of Business Assets" section in TurboTax?
I don't know where you draw the line, if there is one to be drawn, as far as what they are wanting you to report.
I am feeling a bit confused.
‎January 25, 2024
9:00 AM