cpabsd Posted February 20, 2020 Report Posted February 20, 2020 Form 1120 S reflects sale of equipment. Original cost 10,000, Sect 179 10,000 in 2016. During 2019, sold this asset for $6500. How is this to be input into ATX on the individual side? Thanks, Bonnie Quote
grandmabee Posted February 20, 2020 Report Posted February 20, 2020 it will go on the 4797. the K-1 should have a attachment with the details for you to input into 4797 Quote
cpabsd Posted February 20, 2020 Author Report Posted February 20, 2020 Thank you. I was able to figure it out. Quote
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