I get the part about setting your ending now-obsolete inventory to $0.
When TurboTax asks "Do you have any of these other business situations?", one choice is "During 2024, I disposed of nondepreciable business assets ......", and when I click the "Learn More" link, it mentions INVENTORY as one of the examples.
Should I select this option? I assume I'll simply discard the obsolete inventory. I have no reason to try SELLING the inventory, so any subsequent screens asking about an inventory SALE should be ignored, YES??
THANKS!
