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CLient ended a Schedule C during the year. How do I adjust depreciation for the vehicle used in the business for the partial year

Mafcpa
Level 1

client was a schedule C for the last few years.  They used a vehicle that is owned and was being depreciated.  The Schedule C was terminated on 8/31/20.  How do I adjust depreciation to only reflect the eights month is was used for the Sch. C.  Thank you!

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1 Comment 1
IRonMaN
Level 15

Enter a sale date on the asset entry worksheet but leave the selling price box blank.


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