You'll need to check the box that you disposed of or sold the vehicle. Be sure to answer the questions that follow and if you are asked for a sale price, you can say $0 since you didn't receive a payment for it.
To get back to your vehicle, used in your business, to make this change:
- Log into the software and select the blue button Take me to my return
- Select Federal from the left side bar
- Then select Income & Expenses from the categories along the top of the software
- Scroll down and select Edit next to Self-Employment
- Next select Edit next to the applicable self-employed business
- Click Continue through the informational summary screens
- On the Income and Expenses summary screen, scroll down under Expenses and click Edit/Review next to Vehicle
- You'll come to a summary screen of the vehicles you've entered, click Edit next to the vehicle
- Next, you'll be able to review your answers about your vehicle. Be sure to continue through the Vehicle and then business sections for the changes to take affec
