I have spent the past week trying to enter the sale of my personal/business vehicle. No matter how I tried to enter it on the "car & truck worksheet" the data would change and I would get error codes on most entries.
I used the method suggested by posters on this site and entered the reqd data. The software told me that I didn't have any gain and as such the info would be removed from my return.
However, I went into "forms" and found that it had generated a Form 4797 Part III with all the data I had entered.
It carried the loss on line 24 to 25b and on to Sch 1, line 4.
The form also required that a type of property be selected (1245). As soon as you do that, line 21 on the 4797 shows an error code.
I've read the suggest method in above posts but I wonder if the " successful" preparers have looked for what forms may have been generated.
I'm using the downloaded desktop Premier version, since they no longer offer the disc.
And am now wonder about the quality of my download since others are being successful.
I would love to get this return filed, any suggestions (positive)
