usercpa
Level 1
07-16-2021
03:44 PM
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The original Asset Entry Worksheet cost represented a cost for 4 purchased items. I later sold 1 of those items. Can ProSeries report the sale of that 1 item?
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TaxGuyBill
Level 15
07-16-2021
04:32 PM
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You need to:
- Create new Asset Entry Worksheets that only includes the 3 assets and a separate one for the 1 asset (or create 4 assets with 1 asset each each).
- On the new Asset Entry Worksheet that has the sold item, fill out the disposition section.
- Delete the original Asset Entry Worksheet that included all 4.
