Yes, TurboTax automatically calculate and enter your Cost of Additions and Proceeds of Dispositions. If you used TurboTax in previous years and carry forward your information to the current tax year, TurboTax will also automatically carry forward any relevant information, including business class numbers.
What you'll need to enter into TurboTax:
Note: If you're using Forms mode in TurboTax CD/Download, ensure the class numbers in the first column (Class number) of Areas B through F match the class numbers in Area A.
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