Let me walk you through.
To input these, return to your business assets.
- Mark your mower as sold, enter the information.
- Enter the new mower and it's information.
The laws changed in 2018. What you have to do now is say that you sold the tractor and purchased a new one.
In your business, go to the asset and mark that you sold it. You will have sold it for $3,200 less than the price of your new mower if I am reading this correctly.
An example: Let's say the sales price of the new mower is $13,000. You only paid $3,200.
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