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Self employed
Thanks for the reply! I traded in a vehicle and these figures represent the business portion of the transaction:
Selling Price $2287
Depreciation to date (derived from the standard mileage rates for each year) $3738
Original cost: $7388
Again, these figures represent the business portion for a 2011 Toyota Rav 4. The remainder of the transaction was related to personal use. I just cannot figure out how to get Turbotax to recognize a LOSS on the disposition of a vehicle used for business.
‎April 10, 2019
4:54 PM