ddlank1
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This looks like the scenario that I am trying to get an answer too. Is this correct?Since the TCJA (Tax Cuts and Jobs Act) of 2017 no longer allows 'like-kind e...
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Gross sales price for the asset that you are trading in what goes in that field?
Activity Feed for ddlank1
- Posted Re: when you trade in a business asset that has not been fully depreciated for another asset what goes in gross sales price? It said to put zero if you did not receive any money for it. Is this correct then it created a loss for the remaining depreciati on Business & farm. March 21, 2021 11:21 AM
- Posted Re: when you trade in a business asset that has not been fully depreciated for another asset what goes in gross sales price? It said to put zero if you did not receive any money for it. Is this correct then it created a loss for the remaining depreciati on Business & farm. March 21, 2021 11:18 AM
- Posted when you trade in a business asset that has not been fully depreciated for another asset what goes in gross sales price? It said to put zero if you did not receive any money for it. Is this correct then it created a loss for the remaining depreciation. on Business & farm. March 20, 2021 4:01 PM