tammie
Level 3

Client started a business in 2020; purchased about $9,000 in fixed assets which were mostly depreciated.  He worked the business on and off in 2022 because he got a W-2 job.  He now wants to close down the business.  There is a little deprecation left on table, but most assets are zero.  He has not sold the assets or disposed of them.  Is there a place in Proseries to show that the business is gone, and assets are gone but not disposed or sold.  I don't really know that there is any tax effect on this.  Any help is appreciated.

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