I am using TurboTax Premier 2024 version 4.6.9
The information was entered through the Rental Properties and Royalty section (schedule E). Then the vehicle expense. The asset had pre-populated from the 2023 return. (don't think it matters but it was actually a 2020 asset not 2021 as I had previously stated.
I clicked the stopped using this vehicle box and entered the date for the trade-in. Acquired date 10/24/2020
Entered value of asset 37563.
It asked if i would have used mid-quarter or half year-- i clicked mid quarter to get through the question.
prior depreciation i left blank cuz if i enter something i get really odd results
Entered sales price 27000 and basis for gain/loss 37563
