Thanks for taking the time to answer my questions. I did answer the questions as you suggested, however, this leads to a "loss" on form 4797 which then transfers to schedule 1 and then to the 1040. This significantly reduces my gross income. The loss is the exact amount of my original basis - deprection to date. Is this correct? It's like taking a deprection deduction after the business is closed.
Also, I'm using TurboTax Deluxe, not business and farm.
