This article applies to:

Product: UltraTax CS
Return type: 1040 Individual,1120 Corporation,1065 Partnership,1041 Fiduciary,990 Exempt Organization
Subject: Depreciation

Enter disposal information

You can dispose of assets individually or using a mass disposition. To enter and disposal information for a single asset:

Select the asset and select the Modify
button.

In the

Asset Detail

window, select the Disposal
tab.

Select a method or select the Disposal Wizard
button to be guided through the disposal data entry.

Enter a date disposed.

The rest of the data entry depends on the disposal method you choose:

Sold/scrapped

Casualty/theft

Like-kind exchange