Business Vehicle Lemon Law Return Capital Gains

[dlaine21]

I purchased a used car for business use in 2023 for $48k, it ended up being a lemon and the manufacturer bought it back 6 months later in 2023 for $45k.  In the meanwhile I paid $565 in registration and other expenses for gas and maintenance.  Turbotax is telling me I had a capital gain of $13,300 for sale of this vehicle.  I can't understand.  It was a simple return for less than the purchase price.  How did I make $13,300 for a faulty car in 6 months? 

[Mike9241]

the lemon laws may not apply to business vehicles. this depends on your state's laws

if not you sold a business vehicle for $45,000

that had a cost of $48,000 + registration fees and sales taxes.

no depreciation would be allowed because the vehicle was acquired and disposed of in the same year. so you should end up with a loss of $3,000 +

we can't see what you entered so have no idea why you had such a gain. 

[Rick19744]

As noted by @Mike9241 based on your facts, no depreciation should be taken.

Check this within TT; no depreciation, no section 179, etc.

[dlaine21]

Thank you but how do I remove the depreciation from TurboTax's calculations?  I didn't ask it to calculate depreciation.  I simply answered all the prompts: Date of purchase, amount, date of sale, amount.  The dates are both within 2023 and the sale amount was less than the purchase amount - so shouldn't it know not to create a depreciation schedule and calculation gains from the sale? What do I do?