About jrze

Level 3

Member profile

Latest badges earned

Replies
Posts

Re: Inventory at close of business question

It will definitely generate a NOL.

jrze

1

Updated Aug 14, 2024
Re: Inventory at close of business question

Sorry for the incorrect language. My husband is the sole owner of the LLC.

jrze

Updated Aug 14, 2024
Re: Sale of depreciated vehicle

Thank you

jrze

Updated Aug 29, 2022
Solved Re: 179 recapture if business use drops timeframe

Thank you. That is very helpful. I have been asking this question for over a year and you are the first to actually address the recovery period- looks like it g...

jrze

Updated Jan 24, 2022
Re: 179 depreciation schedule- 5 tax years or 60 month?

It has been used approximately 55% for business use per year for all prior years. So, if it drops below 50% in 2022, there will not be a recapture?

jrze

2

Updated Feb 28, 2022

Activity Feed for jrze

Cheered Re: Inventory at close of business question for Anonymous_. ‎August 14, 2024 11:18 AM
Got Cheered for Re: Inventory at close of business question. ‎August 14, 2024 11:16 AM
Cheered Re: Inventory at close of business question for Opus 17. ‎August 14, 2024 11:15 AM
Cheered Re: Inventory at close of business question for Anonymous_. ‎August 14, 2024 11:14 AM
Cheered Re: Inventory at close of business question for Opus 17. ‎August 14, 2024 11:14 AM
Cheered Re: Inventory at close of business question for Anonymous_. ‎August 14, 2024 11:14 AM
Posted Re: Inventory at close of business question on Deductions & credits. ‎August 14, 2024 11:08 AM
Posted Re: Inventory at close of business question on Deductions & credits. ‎August 14, 2024 11:06 AM
Posted Inventory at close of business question on Deductions & credits. ‎August 14, 2024 10:23 AM
Posted Disposing of inventory when closing business on Deductions & credits. ‎June 17, 2024 12:47 PM
Posted Multiple years of losses while winding down business on Get your taxes done using TurboTax. ‎November 18, 2023 6:14 AM
Posted Re: Sale of depreciated vehicle on Business & farm. ‎August 27, 2022 6:22 PM
Cheered Re: Sale of depreciated vehicle for Mike9241. ‎August 27, 2022 6:22 PM
Posted Sale of depreciated vehicle on Business & farm. ‎August 27, 2022 3:27 PM
Posted Re: 179 recapture if business use drops timeframe on Deductions & credits. ‎January 24, 2022 5:37 AM
Posted Re: 179 depreciation schedule- 5 tax years or 60 month? on Business & farm. ‎January 15, 2022 1:04 PM
Cheered Re: 179 depreciation schedule- 5 tax years or 60 month? for AmeliesUncle. ‎January 15, 2022 1:03 PM
Posted Re: 179 depreciation schedule- 5 tax years or 60 month? on Business & farm. ‎January 15, 2022 9:05 AM
Posted 179 recapture if business use drops timeframe on Deductions & credits. ‎January 15, 2022 7:16 AM
Posted Re: 179 depreciation schedule- 5 tax years or 60 month? on Business & farm. ‎January 15, 2022 7:02 AM

Membership stats

Public Statistics

Date Registered	‎April 30, 2020 10:16 AM
Date Last Visited	‎August 22, 2024 10:47 AM
Total Messages Posted	23
Total Cheers Received	1

Quick links

Expert does your taxes

Do it yourself

Resources

Support

Re: Inventory at close of business question

Re: Inventory at close of business question

Re: Sale of depreciated vehicle

Solved Re: 179 recapture if business use drops timeframe

Re: 179 depreciation schedule- 5 tax years or 60 month?

Do you have a TurboTax Online account?

Re: Inventory at close of business question

Re: Inventory at close of business question

Re: Sale of depreciated vehicle

Solved Re: 179 recapture if business use drops timeframe

Re: 179 depreciation schedule- 5 tax years or 60 month?