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TT deluxe desktop form 4797
TT deluxe desktop won't input all of my business assets in form 4797 sale of business assets and figure the gain or loss. I retired from my business and converted all of my assets used in my business including my home to 100% personal use. I did not self anything .
Also do I need to go back 28 yrs and recapture every asset including Sec 179, and special bonus depreciation that has been fully depreciated including assets that have been disposed of?
If I need to input data in to the form 4797 myself because the program has a glitch, in part 1 line 2 column e, how do I determine the allowable depreciation amount?
‎November 5, 2020
2:36 AM