Thanks for your response. When I report the sale of my business SUV, TurboTax adds it to Part III of form 4797 (not Part IV, Line 35 as you suggest). TurboTax reports it as "Other gains or (losses)" on line 14 of 1040, not as "Other income" on Schedule C (Form 1040). It is not, then, reflected in the "Business income limitation" on line 11 of form 4562. Should I alter how TurboTax is handling form 4797? If so, am I able to efile if I make manual changes to the form?
