Hanko1
Returning Member

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?