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Former Member
Mar 05, 2007 at 07:18 PM

Asset Transfer ABUMN

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When transfering asset values via ABUMN, there is an option on the 'Partial Transfer' tab to select either 'prior year' or 'current year' acquistion.

Does anybody know the impact of using the incorrect choice..specifically if you have current year acquistion costs, but use the 'prior year' choice?