jeffmcpa2010
Level 11
03-17-2022
01:16 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
If the upgrades were from prior years and were added to the depreciation schedule, allocate part of the sales price to upgrades on the asset input sheet.
It the upgrades were expensed as incurred, you don't get to include them again.
If the upgrades were in the year of sale I would consider adding them to the expense of sale line under the disposition section.