Here is where you will enter your sale of the book of business. Sale of Business Property:
- Income and Expenses at the top
- Scroll down to Other Business Situations
- For TurboTax Desktop: Business Income and Expenses > Less Common Business Situations
- Select Sale of Business Property
- Select Sales of business or rental property that you haven't already reported.
- Answer 'Yes' to Do all of the following apply...?
- Enter your sales information:
- Description of the Property (Machine Type)
- Sales Price/Sales Expenses
- Date acquired and date sold
- Cost
- Depreciation
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
