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Sole Proprietor: Can I simply delete an asset that has been fully depreciated and no longer in use using the delete function?
I'm a sole proprietor and I have a PC (computer) that I purchased in 2005. This has been fully depreciated for a few years but it is still carried on by Turbotax as part of my business asset summary. Is there an issue with deleting the asset using the delete option or do I need to go through the questions to remove the asset.
I would like to clean up the asset list to only items that are still actively being depreciated.
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‎June 6, 2019
4:12 AM