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Troubleshooting
But I do have assets in that class but they are now going to be used as personal use since the business is closing effective Dec 31, 2023. I have checked the box that this is the last year of business.
For example lets say I have 9000 in class 10 and 3000 in class 8. We have not sold these assets. Were just closing the business and will keep those assets. Do I have to enter a disposition at fair market value?
March 25, 2024
2:25 PM