- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
I decided to upgrade program and get live help. They explained that in order to work with the program I should indicate that I converted the vehicle back to personal use (which I technically did) and that business usage percentage varied. Ater entering the depreciation and sale numbers it prompted me to do, it indicated no gain. The TurboTax agent assured me that it was correct.
Following your advice, I used the Jump to Sale of Business Property link (agent said this wasn't necessary since I wasn't prompted to). The "recapture" box was checked but not sales of business property. I was told by agent there was no recapture. Should I continue or let it go?
‎February 8, 2023
8:55 AM