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Taking business asset out of service.
I have several business assets that I have taken out of service but not sold. I have made the appropriate selections in TT to indicate this, but TT still lists these assets on form 4562, and I don't see any indication that they are no longer used in the business. Am I now supposed to just delete them from my assets page? But then how does the IRS know that they have been taken out of service?
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‎January 25, 2023
9:16 AM