dude7707
Level 5

J/E to record giving away to non-related individual, where no monies were exchanged, a fully depreciated

Corp Vehicle?

Was given FMV at date or transfer.  - Why need if no money was received?

Entry S/B in Bks::

Dr.  A/D - Vehicles

Cr.  Vehicles

 

Same entry in tax return correct?

 

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