Business & farm
@TimParx wrote:
How do I handle the sale now when TurboTax wants to know about basis for gain/loss and depreciation equivalent?
You have to indicate to the program, in the Business Vehicle Expense section, that you disposed of the vehicle (see screenshot). You then have to proceed through the rest of the screens and enter the sales price, cost, and prior depreciation equivalent (the latter for which you can use the On Demand Tax Guidance).
