@MooseKaraoke wrote:I then get to a screen asking for Sales price. This is where I am stuck. The trade-in value was $13,000....
You simply enter $13,000 as your sales price. Effective Jan. 1, 2018, exchanges of personal property such as vehicles do not qualify for nonrecognition of gain or loss as like-kind exchanges.
See https://www.irs.gov/newsroom/like-kind-exchanges-now-limited-to-real-property
The transaction you entered into boils down to your having sold the car for $13,000 (which is your sales price) and the basis of the new vehicle is whatever you actually paid for it (i.e., trade-in value plus any additional cash you paid plus any debt you incurred).
