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Self employed
Yes, the amount on the Car & Truck Worksheet Line 37 Prior Depreciation should be the amount on Part VII Line 51 and 52.
Your best option is to move the amount from Line 36(i) Special Depreciation Allowance to Line 37 Prior Depreciation and enter a zero for Line 36(i). That should resolve the form error and report the correct amount of gain on the sale without using any overrides.
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‎April 7, 2025
6:48 AM