Skip to main content
Level 1
June 3, 2019
Question

How do I erase the Hyundai Santa Fe from our 2018 return. The Santa Fe was traded in at the end of 2017 for a 2017 Hyundai Sonata ?

  • June 3, 2019
  • 1 reply
  • 15 views
No text available

1 reply

Level 10
June 3, 2019

You need to "sell" the old asset (the Santa Fe) on your return.  The trade-in value is your sales price.  Then you will enter your Hyundai Sonata as a new asset.