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Business & farm
Thank you for the info. Yes, it's the desktop Premier. It lets me do Schedule C and keep carrying the assets forward. If I dispose of anything, though, I have to calculate the MACRS myself and enter the recapture on form 4562 and then in Other Income manually. If I have no income next year I'll upgrade to a business version to take care of any recapture. Do you know if all the versions for personal and business do this? I couldn't find asset recapture listed on any of the options on the Quicken site, I guess it's a small enough thing that it's not mentioned. If I need to dispose of the assets at that point, do I convert them to "personal use" even if they aren't being used?
May 31, 2019
5:32 PM