PoeticTaxes
Level 1
04-07-2021
05:51 PM
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Software: Lacerte
Module: 1120S
Facts: assets were fully depreciated by the disposition date, assets scrapped for zero gain/loss, assets listed on depreciation schedule/section
Solution: Screen 16 > "Sale of Asset (4797/6252)" section > "Form 4787" sub-section > "Sales Price" = -1 (for none)