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Why do I have to fill out a sales form for a business vehicle that broke down and is not longer used? I did not sell it. I just can't use it.
The vehicle is beyond repair, but I have not salvaged it yet. But I still own it. I entered that I stopped using it, and the online Turbotax wants me to fill out a Form 4797 p1, to report it sold. Why do I need to fill this out if I have not sold it?
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May 31, 2019
6:41 PM