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Business & farm
If you no longer have this business, you need to report in TurboTax that you sold or disposed of this business and report the disposal of each asset, (sold, converted to personal property, ect). That is all done in the Business Income and Expense section of this business. Then you need to report the Sale of Home which will include reporting the allowed depreciation taken in your home office deduction. Sale of Home can be found by clicking on Personal Income, Continue, I'll Choose What I Work On, scroll down to Less Common Income, look for Sale of Home.
May 31, 2019
8:08 PM