RobertB4444
Expert Alumni

Business & farm

You're doing fine.  Just leave his schedule C off the return and put yours on there.  Make certain that all of the assets are still being depreciated exactly as before.  The depreciation transfers with them and has to be recaptured if they are sold.  If he had any expenses that he already took before he closed the business make sure that you aren't taking them again (like cleaning supplies he gave you and things like that).  

 

@waveromper 

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