MarilynG
Expert Alumni

Deductions & credits

If you got rid of a vehicle that you used for Business, you can indicate in Self Employment Income and Expenses that you stopped using it and the date (screenshots).

Continue through the screens to claim your vehicle expenses for 2017.

If you replaced your vehicle with a different vehicle used for Business, type 'like kind' in the Search window and 'Jump to like kind' to give info about the new vehicle (screenshot).  This will defer any gains or depreciation recapture on the old vehicle.

Click here for detailed info on Business Use of Vehicle you may find helpful.

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