Skip to main content
Level 3
May 22, 2020
Question

Business closed, 9 equipment fully depreciated were not working or abandoned by lessee, can they be reported in Form 4797, Part I, as one amount titled Various Equipment?

  • May 22, 2020
  • 1 reply
  • 13 views
No text available
This topic has been closed for replies.

1 reply

IRonMaN
Level 15
May 22, 2020

No gain or loss being reported ------------------------- go for it.

Slava Ukraini!
atalomaAuthor
Level 3
May 22, 2020

Thank you very much. I appreciate your reply.

IRonMaN
Level 15
May 22, 2020

You betcha

Slava Ukraini!