Client has a schedule C and did not materially participate or had any income but has assets. The software is deducting depreciation show I am showing a loss on just the assets. Safe to assume that is correct? First time I had this in this software.
No it wasn't operational and I am not sure if he will restart the business. Currently on disability. I don't believe he should get the deductions but I'm not sure how it works in this software.
