kabbabkkg
Level 3
12-07-2019
05:57 AM
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I have a client that has a Sch C business of selling rugs. He closed the business in 2018 but a large part of his inventory was destroyed by rat infestation. I did the 4684 for business loss due to rat infestation and do I also do a disposition worksheet to close the business with the remaining inventory that he has not sold and probably won't. As I said I did the 4684 and filled out the disposition worksheet showing gross sales as 0. Did I complete the right forms and worksheet.
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