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2019 Business Disposal of Assets
I sold a business in 2019, but when I list the various assets in the software, the program does not total correctly. For example, if I have an asset that has a FMV of $100,000 and sold for $100,000 but had $50,000 in past depreciation, the program should total a $50,000 gain (sale price (FMV) minus depreciation = gain). It totals zero for every asset (irregardless of class). Has anyone seen this?
‎February 3, 2020
2:11 PM