Support CenterSale of Multiple Depreciable Assets
📚 What This Guide Covers
This guide shows you how to complete the “Sale of Multiple Depreciable Assets” information across the correct depreciation worksheets.
⚠️ Before You Begin
You will need the depreciation information you completed earlier in Section 1a at the top of all depreciation worksheets.
📊 Step-by-Step Guide
Step 1: Find the correct worksheet section
Go to the Sale of Depreciable Asset section of the first Depreciation Worksheet that includes items in this sale.
At the beginning of this section, you will see a paragraph of text. The first entry next to this paragraph is for the property number.
- Enter a number in the property number field.
- Enter the same number on all assets that belong to this group.
- This number tells Sure-Fire that the assets belong together in the same sale.
Step 2: Mark the checkbox on the first worksheet only
- Locate the second entry (the checkbox).
- Mark this box on the first worksheet.
- Do not mark the box on any other worksheets.
On this worksheet, complete the Sale of Depreciable Asset section, including the date sold, selling price, and selling expense.
Step 3: Complete the remaining worksheets in the group
Go to all other worksheets for assets included in this sale.
- In the Sale of Depreciable Asset section, enter the property number (the same number as on the first worksheet).
- Enter the date sold.
- Do not enter any other information in the Sale of Depreciable Asset section.
📞 Still Need Help?
If you are having trouble, contact our support team:
Phone: 1-800-516-9442
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