208Accountant
Level 3
02-24-2024
11:44 AM
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Hi there,
I am working on a single owner S-Corp return. There is a vehicle on the depreciation schedule with prior depreciation taken. In 2023, the TP (S-Corp Owner) and Spouse divorced. The spouse was awarded the vehicle in the divorce. Do I just delete the vehicle from the depreciation schedule or...?
Thanks in advance!
Audrey