Pacun Posted March 5, 2016 Report Posted March 5, 2016 Client disposed of a business after two years. The truck was transferred to personal use but I have some start up not completely amortized. I have two questions: What do I do with rest of the amortization? What kind of property is this? Quote
Abby Normal Posted March 5, 2016 Report Posted March 5, 2016 Take remaining amortization in final year. It's a capital asset, but there will be no loss in this case. Quote
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