cpa773
Level 1
07-11-2020
07:32 PM
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How do you calculate the basis on line 7? Do you use all property's original cost in the last 10 years even though it is fully depreciated?
Thank you.
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George4Tacks
Level 15
07-12-2020
10:03 AM
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Yes. The program should be doing it automatically, if you have the activity properly coded.
Answers are easy. Questions are hard!
Answers are easy. Questions are hard!