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Employee
March 16, 2022
Question

Disposed of assets under Business Asset Summary but they still shows up

  • March 16, 2022
  • 2 replies
  • 0 views

I have assets that I have claimed under section 179 several years ago. Those assets have been damaged and thrown away. I marked the last date of use and indicated a sell price of $0. Will the asset disappear from my Business Asset Summary page next year or do I have to manually click on the delete button at some point?

    2 replies

    ColeenD3
    March 16, 2022

    Now that you have marked that they have been disposed of, they should no longer appear.

    Carl11_2
    Employee
    March 16, 2022

    If you disposed of them on your 2021 return, they will remain on your 2021 return to "show" the disposition. If they are imported into your 2022 return, you can delete them at that time.