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Business & farm
Thank you for your response. In TTHB it gives you 4 choices to pick to describe the asset:
1. Computer, video phot and telephone equipment.
2. Tools, Machinery, furniture.
3. Real estate property.
4. Intagibles, Other property. So what would I pick (this is where I am confused). I picked the last choice and then it says to categorize as
1. land improvements to your business if not associated with your home office (landscaping, paving)
2. Amortizable intangibles. I know its NOT this
3. Other Asset type
1 or 3??
If you go to this action, you can see why it is so confusing.
March 5, 2023
6:01 AM