pfdcpa
Level 2
12-06-2019
08:07 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
In Pro Series there is a worksheet to indicate it is a capital asset.
Best Answer Click here
Labels
George4Tacks
Level 15
12-06-2019
08:07 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
https://accountants-community.intuit.com/articles/1608420-entering-a-prior-or-current-year-installme... Default is capital asset
I think you might have put something in the 4797 section to trigger the 1231
Give some rough figures of what you see on the previous year 6252 and you might get a bit more help.
Answers are easy. Questions are hard!