In the year of disposition/sale of the asset, you will get a depreciation deduction for the months the assets was used in the business. You will also get a deduction for the loss on disposition of the asset equal to the cost less accumulated depreciation if sold for $0, as in your case. The loss will show up on form 4797 and from there flow to form 1040 on line 10 "Adjustments to income from schedule 1, line 26."
You can view your form 1040 while working in the online version of TurboTax by following these steps:
While working on your return in the Federal section of TurboTax:
1. Choose the Tax Tools icon on your left menu bar
2. Tools
3. View Tax Summary
4. Choose the Preview my 1040 on your left menu bar
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