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- How do i remove a property from my capitalization asset list?
How do i remove a property from my capitalization asset list?
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kenroyamiller01
Level 1
06-28-2022
05:57 PM
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This property is connected to my Schedule C but it is not a business property and i need to remove it and stop the depreciation expense.
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2 Comments 2
George4Tacks
Level 15
06-29-2022
09:49 AM
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Kick the Can!!!
On the right of the quick entry is bright blue Details and just to the right of that is a GARBAGE CAN. Kick the Can and select OK
Answers are easy. Questions are hard!
sjrcpa
Level 15
06-29-2022
10:48 AM
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But if it used to be used in the business you'll want to keep track of cost and accumulated depreciation, so maybe don't delete it and just stop depreciation (take it out of service if that's an option).
The more I know, the more I don't know.
