Last year we filed an Asset Listing and now our equipment costs are listed on the front of the Business Property Statement. How do we make changes?
To add or delete equipment from your return, use the back side of the form, (section 4). When adding equipment, list the total acquisition cost under the appropriate schedule column, and the year acquired at the far left of that row in the Additions section. When deleting equipment, it is the same as adding, but listed in the ‘Deletions’ section. You must verify that the acquisition year you are deleting is preprinted on the front of the form, otherwise that deletion will not be considered.
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