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Self employed
You have to go back through the entries you made to report the sale of the vehicle, that is where you are asked to verify the accumulated depreciation figures. So, go to the business section and update your business entry. Look for Business Assets and Assets being Depreciated. Work through that section to find the asset summary page and edit the asset you sold and look for the prior AMT and regular depreciation entries.
Also, if there is an entry on the Car & Truck Expenses worksheet that is highlighted in red, that means there is a error there and you need to change that entry.
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March 21, 2023
3:12 PM