Molytruck
Level 2
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Thank you, I will just leave as-is, not worth the headache.
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Thanks for your quick response. I bought the vehicle in July 2017. At the end of 2023, the final depreciation would have been $403. I was under the impression t...
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Thank you. Not sure I understand this part. "However, you need to determine where the distributions ended up on your prior year balance sheet as listed on sched...
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Hello, I think I figured out the problem. I was adding a separate entry of Additional income, when the 4797 form had already account for this amount.
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Activity Feed for Molytruck
- Posted Re: Deprecation Report Adjustment on Get your taxes done using TurboTax. March 9, 2024 3:56 PM
- Posted Re: Deprecation Report Adjustment on Get your taxes done using TurboTax. March 9, 2024 3:27 PM
- Posted Deprecation Report Adjustment on Get your taxes done using TurboTax. March 9, 2024 2:46 PM
- Posted Re: Retained Earning - S-Corp on Business & farm. March 8, 2024 7:47 AM
- Posted Retained Earning - S-Corp on Business & farm. March 7, 2024 2:25 PM
- Posted Re: Book Income (Loss) Wont balance on Business & farm. March 7, 2024 1:46 PM
- Posted Re: Book Income (Loss) Wont balance on Business & farm. March 7, 2024 10:07 AM
- Posted Book Income (Loss) Wont balance on Business & farm. March 5, 2024 2:47 PM