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April 5, 2025
Question

If I can't get the box that says "In 2024, I disposed of nondepreciable business assets or Section 1252, 1254.....", could it be because I sold equipment for which I took Sec 179 in previous years and I have to list it in the Asset Sales Worksheet

  • April 5, 2025
  • 1 reply
  • 0 views

Disregard. I finally got the box to uncheck

 

1 reply

April 7, 2025

Yes, it could be that.  The asset would be fully depreciated if you took the 179 deduction.  Any amount on the sale would be taxable.

 

@truckpartsgal 

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