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Assets on final 1120s
On my s corp final 1120s return what is the best way to report or enter assets such as tools? In my case it is $600 of small handheld tools such as moisture meter, thermometer etc. I would like to keep them for personal use but I probably need to show them as distributed. Thanks for all of the help I have received from this forum!
March 31, 2023
4:30 PM