DaveF1006
Expert Alumni

Business & farm

Just a couple a questions to ask:

  1. Is this a sale of business property or reported on a K1?
  2. If a sale from business property, is it something that had been reported in the past and Turbo Tax has been keeping track on depreciation or is this the first year you used Turbo Tax. 
  3. This would be difficult to answer without additional background information.
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