Friday, December 16, 2011

Reindtion question: If you dispose of some of the property, do you show amount differences on report in Texas?

I am doing our Personal Property Reindition for 2010. We disposed of a lot of obsolete equipment in 2010. This was reflected on our 1120 Tax Report. Do I show the new amounts on the 2010 Reindition using new figures that are shown on our 1120 Tax Report-Equipment/Computers, etc?

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