TaxGuyBill
Level 15
03-03-2023
07:30 PM
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The simplified version:
- Go to the Asset Entry Worksheets of the appliances, scroll down, and enter the disposition date and leave the sale price blank.
- Then go to the Asset Entry Worksheet for the building, scroll down, and enter the sales information.
- On the Schedule E worksheet, check the box that it is a "fully taxable disposition" (box G???).