lfpgl
Level 1
04-09-2021
02:42 PM
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IRonMaN
Level 15
04-09-2021
03:30 PM
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They stay suspended.
Slava Ukraini!
George4Tacks
Level 15
04-09-2021
08:04 PM
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To stop depreciation, input a date of sale for each asset. DO NOT ENTER ANYTHING for sale price OR for either partial or complete disposition. In the Schedule E, you can enter 2=delete next year in the 1st entry above "Other Information"
The program has no method of keeping tracking of the suspended losses. You will need to do that separately.
Here's wishing you many Happy Returns
TaxGuyBill
Level 15
04-09-2021
10:49 PM
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@George4Tacks wrote:
The program has no method of keeping tracking of the suspended losses. You will need to do that separately.
So Lacerte and PTO don't file the required 8582 anymore either? It's scary that Intuit doesn't know how to file tax returns.
