About glennreedcfo - Intuit Accountants Community

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Re: I am selling an automobile, at a loss - the asset was recorded on form 4562. Do I record the dis...

Thank you - will take a look at the link. Much appreciated!

glennreedcfo

Feb 13, 2021
Re: I am selling an automobile, at a loss - the asset was recorded on form 4562. Do I record the dis...

Thanks - good questions. Clients business use vehicle. Sold at a loss. (Cash Received less than depreciated book value)

glennreedcfo

Feb 13, 2021
I am selling an automobile, at a loss - the asset was recorded on form 4562. Do I record the disposi...

Thanks for help from the Community.

glennreedcfo

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Feb 13, 2021

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