Thanks for your prompt reply. I have been looking at the Car and Truck Worksheet and it seems to me that TT is showing a gain that is equal to the sales price (adjusted for 20.8% business use as entered) and it doesn't change when I change when I adjust the cost basis. Help me understand that.
Looking at the March 2020 example in the link you provided, the basic formula for calculating a Gain or Loss is: Cost Basis - depreciation- sale = Loss. In my case that is: $4526 - $3057 - $707 = $762 (Loss!). For my own sanity and Turbo Tax aside, can someone confirm that I have a loss and not a gain?
If I do have a loss, either Turbo Tax is wrong or there is something else we are missing.
