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I have a cureent year passiv loss on a publicly traded partnerhsip K-1. The clinet completely disposed of this interest in 2024. However, ProConnect is suspendi...
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My client needs to issue and file a 1099-NEC related to his business. His business is reported on Schedule C. I would like to know if ProConnect has ability for...
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Yes, I can live with that presentation. Thank you so much for your help SJRCPA, I really appreciate you taking the time to answer my question.
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It was sold for neither a gain or loss. The asset was sold for its carrying value (i.e., cost less any depreciation taken).
