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HOW TO ENTER SALVAGE/BASIS REDUCTION
I have an asset that we paid $20,000 for. My accountant had entered a Salvage/Basis Reduction of $5,000 so that the asset would be depreciated as $15,000 S/L over 15 years. Where can I enter this information in TurboTax for the asset?
‎June 25, 2019
7:15 PM