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How do i remove a property from my capitalization asset list?

kenroyamiller01
Level 1
This property is connected to my Schedule C but it is not a business property and i need to remove it and stop the depreciation expense.
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2 Comments 2
George4Tacks
Level 15

Kick the Can!!!

On the right of the quick entry is bright blue Details and just to the right of that is a GARBAGE CAN. Kick the Can and select OK


Here's wishing you many Happy Returns
sjrcpa
Level 15

But if it used to be used in the business you'll want to keep track of cost and accumulated depreciation, so maybe don't delete it and just stop depreciation (take it out of service if that's an option).


Ex-AllStar
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