Welcome back! Ask questions, get answers, and join our large community of tax professionals.
- Topics
- Training
- Community
- Product Help
- Industry Discussions
- User Groups
- Discover
- Resources
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
- Intuit Accountants Community
- :
- ProSeries Tax
- :
- ProSeries Tax Discussions
- :
- Re: what do you do with the disposition of one piece of equipment when it is traded in on another? What is the cost basis for the second piece?
what do you do with the disposition of one piece of equipment when it is traded in on another? What is the cost basis for the second piece?
Options
- Mark Topic as New
- Mark Topic as Read
- Float this Topic for Current User
- Bookmark
- Subscribe
- Printer Friendly Page
sws20501
Level 1
02-26-2022
11:19 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Equipment #1 is traded in on Equipment #2. How is the disposition of piece 1 handled and what becomes the cost basis of #2
Labels
This discussion has been locked.
No new contributions can be made. You may start a new discussion
here
1 Comment 1
IRonMaN
Level 15
02-26-2022
11:20 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
It's treated like it was sold for the trade-in value.
Slava Ukraini!
