saspengren
Level 2

I'm not sure how/where to input in Proseries that a client with a Schedule C is closing business but there has not been any sale of assets that have been partially depreciated, including a home office. What I'm reading is that there are no tax ramifications until these assets would be sold. Where do I show that the business is closing so that I don't have to continue to show 0 income and expenses on Schedule C? He is disabled and will never return to operating this business but will convert the vehicle to personal use and the home will not be sold right now.

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