Sale of car used i business

[LM--2025]

Hi Diane

I believe I entered everything correctly.  However, on the Car and Truck Worksheets, Part VII, it seems there is an error.  Lines 51 and 52 are showing allowed depreciation of 1,718 in "red." (actual Depreciation $1,658)  I also see the number 1,718 next to Line 7I and 75.  I thought the basis was 2,411.  My question now is:  "What do I do to get those "red" fields to show the correct entry?

[AmeliesUncle]

As she mentioned in your other post, in the vehicle section you need to say it was converted to personal use.  Then report the sale using your manually calculated numbers in the "Sale of Business Property" section.

[LM--2025]

Determined why I was getting errors and not the correct gain.  After I finally found where to check off that the vehicle was converted to personal use, all numbers flowed into place (without errors).

Thank you to help solve my problem!

Linda