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Sold Business - Sole Proprietor, No goodwill, Has inventory sale to report, Section 179 F&E, and selling price, I am having hard time to figure out where to report each of the items.
Hello All,
Any advice will be appreciated, I have used turbo tax for 14 yrs for filing the taxes, but this time around it is different as I have sold the business.
Here's the criteria: Federal and California State return
Sold Business - Sole Proprietor, No goodwill, Has inventory sale to report, sold F&E, Section 179 F&E, and selling price.
Where do you report each of the items in turbox tax?
Are there any additional forms I have to manually download/print outside of turbo tax?
Thank You
Topics:
March 17, 2022
10:02 AM