AmyC
Expert Alumni

Business & farm

Your federal Lines 51 is the problem and carries to the state. The description for line 51 and 52: 

 

Depreciation allowed or allowable
If you used the standard mileage method for any or all years you must compute the depreciation portion of the standard mileage deduction as explained in Standard Mileage Rate and post the amount in lines 51 and 52 (unless you've already entered those amounts in the prior depreciation fields in the Depreciation Information section). However, do not enter an amount greater than the depreciable basis of the vehicle.

 

Do this: 

Enter the basis as a number and the depreciation allowed as the same number and your line 51 will be the depreciation and zero out the car.

 

You might need to do this:

All of the vehicle depreciation in there is not needed. Please mark no to actual and delete any forms not needed. The program will not delete a form that it thinks is important. If you are using:

  • Online: see How do I view and delete forms in TTO?
  •  Desktop: If you are working in the cd/download TurboTax program:
    1. On the top right, there is a FORMS button. 
    2. Click on FORMS.
    3. Locate the form you want to delete.
    4. Click on the form name.
    5. Below the form, bottom left, select DELETE FORM button. 

 

Bottom line, $10 of income change will not have a big tax liability impact and will not be a source of trouble, so yes, you can file your return if this is the only issue.

 

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