George4Tacks
Level 15

@Accountant-Man Lacerte sets this up as a depreciation item. If it is properly tied to Schedule A points, then my answer was not totally correct. The only entry needed to claim the full balance is to enter a date of sale and the program will take cost - accum amort = remaining balance and take that deduction.

Lacerte is WAY DIFFERENT in many of it's approach to things. If you want to add some excitement and frustration to your life you can try Proconnect Tax for free online. You really should just to see how very different the approach is. 


Here's wishing you many Happy Returns
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