blandwehr
Level 1
12-07-2019
03:47 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
I need to report a casualty loss on a partnership return. The asset has no value and has not yet been replaced. Ho do you report the total loss and remove from the depreciation schedule?
Best Answer Click here
Labels
sjrcpa
Level 15
12-07-2019
03:47 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
In the Depreciation screen for that asset, mark the disposition date, then go down to the Casualty/Theft 4684 section
Ex-AllStar
CrystalClear
Level 1
12-07-2019
03:47 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
I need this same information. In regards to your answer, there is not CasualtyTheft section at the bottom...help.