Also, what exactly are they considering an asset here? Is it just the bigger things?
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This question is generic in nature. If you still own the business property (land, building, furniture, equipment, vehicle, etc.) then answer "No" and move forward with your return. You would report that you disposed of an asset only if you sold it or gave it away.
This question is generic in nature. If you still own the business property (land, building, furniture, equipment, vehicle, etc.) then answer "No" and move forward with your return. You would report that you disposed of an asset only if you sold it or gave it away.
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