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Deductions & credits
@WaldoC wrote:If I prepared my taxes using turbo tax for the duration of the vehicle purchase why doesn't TT do this work for me?
TurboTax is not set up to calculate the sale of a vehicle (or other asset) that has varied in business percentage from year to year. So you can't report the sale in the vehicle section. You either need to manually calculate things and enter it in the "Sale of Business Property" section, or go to a tax professional.
March 27, 2023
6:05 PM