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Sale of car used i business
Hi Diane
I believe I entered everything correctly. However, on the Car and Truck Worksheets, Part VII, it seems there is an error. Lines 51 and 52 are showing allowed depreciation of 1,718 in "red." (actual Depreciation $1,658) I also see the number 1,718 next to Line 7I and 75. I thought the basis was 2,411. My question now is: "What do I do to get those "red" fields to show the correct entry?
‎February 22, 2025
2:32 PM