Goodwill

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  • Acownt4it
    Senior Member
    • Aug 2005
    • 274
    #1

    Goodwill

    Sole prop. closed business in May 2005. Goodwill, $13,500 place in service 4/1/03. Accum. Depr. through 5/05 is $1948. Where do i put the loss of $11552?
    Noel
    "Some cause happiness wherever they go; others, whenever they go."- Oscar Wilde
    Tags: None
    • veritas
      Senior Member
      • Dec 2005
      • 3290
      #2
      Ordinairy loss on form 4797

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        • Acownt4it
          Senior Member
          • Aug 2005
          • 274
          #3
          Thank you for your help
          Noel
          "Some cause happiness wherever they go; others, whenever they go."- Oscar Wilde

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