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How do I remove this Schedule E vehicle form? I gave it away for free. It was used as a flower pot

The truck was given away. Frame broke a few years after purchase, so not used
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MindyB
Expert Alumni

How do I remove this Schedule E vehicle form? I gave it away for free. It was used as a flower pot

In order to dispose of this vehicle from your business that you gave away, you can indicate it was sold or disposed in 2024 for $0. You will still have the vehicle information this year as the last year.

 

  1. Navigate to Federal > Wages & Income > Rental Properties and Royalties (Sch E)
  2. Edit the rental using the pencil icon
  3. Navigate to Expenses/Assets, Vehicle
  4. On the screen Let's get some info about this vehicle, check the box I stopped using this vehicle in 2024.
  5. Continue through the interview, and answer that the sales price was $0.

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