Hi AmeliesUncle, thanks for your response.I am interested in learning how differently a CPA would do this manually if TurboTax is really not set up for this.I e...
Thanks for your insight Carl.When I say TurboTax shows a gain, its showing the gain I displayed in my original post, that is, 31416.80 which is not my depreciat...
Hello AmcyC,Thanks for your response. Much appreciated. If you could respond back to my below questions, I would be so thankful.I understand your answer and the...
Please see if you dont mind answering the below.Much appreciated. Thanks.line 20: $100,000 <-- Is the gross sales prices.line 21: $130,000 <-- Is the correct co...
Hello Overland0715,Thanks for your prompt reply. So how differently did the CPA do this?Was form 4797 prepared where Part1 line 2:column d was the gross sales p...
