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Do I have to report selling business expenses?
We have closed our clothing business in 2019.
I understand that things like mannequins and clothing racks are related to "office expenses," and I did write them off as "business expenses" in previous years.
My question is: Do I have to report selling these "business expense" (mannequins/racks/etc)....when closing the business?
If so, which form do I use?
I sincerely thank you very much for your time and assistance on this, and for this amazing service you provide.
May 5, 2020
6:40 AM