Income from the sale of business assets does not go to Schedule C as business income because income from the sale of business assets is treated as a capital gain or loss.
In other words, it's taxed differently.
Income from the sale of assets is not subject to self-employment tax. There is also depreciation recapture to consider, and the gain on the sale of assets held over one year is taxed at the lower long term capital gains rate.
All of this is computed by TurboTax when you enter the sale of business assets.
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