Solved
Depreciation allowed/allowable
Can somebody help me understand what this means I how I can fix it:
AmeliesUncleAnswer
Level 15
June 5, 2021
That error comes about because TurboTax is not set up to report the sale of an asset that has varied in business percentage from year to year (such as a vehicle).
You need to either (a) manually calculate the numbers and report it in the "Sale of Business Property" section (if you do that, go to the vehicle section and tell it you converted it to personal use) or (b) go to a tax professional for this tax return.
