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final 1065 vehicles on form 4562
An LLC ceased operations on 6/30/2012. They have a vehicle still showing on the asset list that was purchased 12/20/2003 and traded in on the current vehicle on 6/21/2012. The current vehicle's basis was reduced by the trade-in allowance but the 2003 vehicle was not removed from the 2012 return when it was traded in. I am doing the final return and when I enter 6/21/2012 as the disposition date for the 2003 vehicle I get an invalid date message. Not sure what to do. Please help.
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‎January 17, 2023
7:44 AM