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Fixed Assets and UltraTax CS 2023 help is now on Help and Support. We're still moving articles, but you can find most content for the 2023 tax year there. Continue using the Help & How-To Center for tax years 2022 and older.

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

1. Go to the activity input folder associated with the asset and click the Asset tab. If you don't see the asset tab:
   1. Select File, then Client Properties
   2. Click the Advanced Properties tab.
   3. Mark Enter Asset Detail.
2. Select the asset and click the Modify button.
3. In the Asset Detail dialog, click the Disposal tab.
4. Choose a method or click the Disposal Wizard button to be guided through the disposal data entry.
5. Enter a date disposed.
6. The rest of the data entry depends on the disposal method you choose:
   • Sold / scrapped
   • Casualty / theft
   • Like-kind exchange

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