I sold business equipment in 2019. It will be included as the Proceeds of Disposition on Form T2125 Statement of Business Income. Anywhere else it needs to be reported?
I sold business equipment in 2019. It will be included as the Proceeds of Disposition on Form T2125 Statement of Business Income. Anywhere else it needs to be reported?
No. The CCA section is the only place you need to input the sale. If there is a terminal loss or recapture, then TurboTax will automatically deal with it.
I sold business equipment in 2019. It will be included as the Proceeds of Disposition on Form T2125 Statement of Business Income. Anywhere else it needs to be reported?
No. The CCA section is the only place you need to input the sale. If there is a terminal loss or recapture, then TurboTax will automatically deal with it.
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