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Loss on Sale of a Business Vehicle
In 2018 I traded in a business vehicle and incurred a LOSS. However, I have tried everything but I cannot get TurboTax to show the loss. Form 4797 shows the trade in value as a gain and forces me to pay taxes on this incorrect gain. What am I doing wrong? How can I get the program to properly reflect a loss?
‎April 10, 2019
4:11 PM