The best way to report this sale is to enter the asset/s into your TurboTax Business section. While entering these assets, click the box that reports "you sold or otherwise disposed of this asset in 2016". Then it will ask for date of sale. Next will ask for prior depreciation taken and sale price. Once you have entered this information, TurboTax will automatically report the income gain/loss on the correct forms. (Generally form 4797) Hope that helps~~~
