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See what's trending for the November 15th deadline (Form 990) and resources for the upcoming tax season. View ProConnect Hot Topics.
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Vehicle Disposition
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laval650
Level 3
05-15-2020
08:50 PM
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How to dispose (sell) of a car used in 2 businesses?
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George4Tacks
Level 15
05-15-2020
09:21 PM
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??? Carefully sell part of it in each business ????
What were the percentages of business use? Probably just enter a disposition date, then review the total depreciation and do a sale in the dispositions screen would be the cleanest way to do it. Again, do it carefully.
Answers are easy. Questions are hard!
