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Deductions & credits
"Where to I enter a like-kind exchange for a vehicle that I use or work?"
Like-kind exchanges are currently limited to real property (real estate) as a result of the Tax Cuts and Jobs Act.
Therefore, you have to recognize gain/loss on the transaction.
See https://www.irs.gov/newsroom/like-kind-exchanges-now-limited-to-real-property
‎June 1, 2019
10:49 AM