Thanks for your response but I still don't understand with your numbers. If I'm supposed to put in the gross sales price of the old vehicle that was $36500. Turbotax doesn't like it however saying its too much basis probably bc I received more than I paid for the new vehicle $35169. So for now I have put in $8300 which is the amount I was credited for after the loan payoff of the old vehicle. Any thoughts with my numbers?
When I enter the business info as part of the sale of business property it comes out as a loss and is erased.
