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Business & farm
Thanks for your reply...I've seen similar suggestions given to other people struggling to do this part of the taxes!
YES, I purchased the vehicle in 2013 when I started using it for business.
Here's my question-
I get to a page in the TurboTax process and it asks:
Do any of these apply to the 2014 Subaru Forester?
Select all that apply.
You started using it as a personal vehicle 100% of the time at any point in 2023 (Answered YES)
Your percentage of business use of the vehicle varied over the years (Answered YES)
You gave it away as a gift in 2023
None of these
It looks like this gets me out of this whole mess, but it then talks about a "section 179 recapture."
Is this something they'll be asking me about later in this process?
If so, I may be back for some more help.
Thanks so much....This is the first time in the many years that I've been using TurboTax that I've reached a section that seemed to require a lot of specific accounting skills to complete.