An equipment trade-in is more than the check you write
Updated: 2 hours ago
Equipment & capital · Archive edition: 2026-08-20. Added to AGCPA Insider October 2, 2026; sources checked October 2, 2026.
The dealer may describe an equipment deal as a single trade difference. Your tax file needs a clearer picture: what happened to the old machine, what the replacement cost and how the transaction was financed.