Nightagna
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Thank you for your response, I get the whole recapture in principal, I will admit it is clear as mud in the IRS publications. So I will retain the property for ...
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okay. but since I will not file on this business in 2020 tax year I can't depreciate the lens as I would at the same time have to sell it and claim it so that s...
Activity Feed for Nightagna
- Posted 8995 shouldn't be there on Get your taxes done using TurboTax. February 13, 2021 12:48 PM
- Posted Re: Schedule C or Hobby? on Get your taxes done using TurboTax. January 20, 2020 9:04 AM
- Cheered Re: Schedule C or Hobby? for WKins2. January 20, 2020 8:56 AM
- Cheered Re: Schedule C or Hobby? for WKins2. January 20, 2020 8:56 AM
- Posted Re: Schedule C or Hobby? on Get your taxes done using TurboTax. January 20, 2020 7:54 AM
- Posted Tax Year Prior to 2020: Schedule C or Hobby? on Get your taxes done using TurboTax. January 20, 2020 7:15 AM