turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

jiawang46
New Member

question about pre-owned car

Hi, 

 

I have a question here, I bought a pre-owned car last year for my self business. When I am working on business vehicle expense, it asked if "I purchased this car new", specifically, it said that "this does not include a new-to-you used vehicle". see below

 

This is a pre-owned car, but it is new to me. So I am confused, should I answer yes or no in this case? Many thanks! 

 

Screenshot 2025-02-26 at 6.24.15 PM.png

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
MindyB
Employee Tax Expert

question about pre-owned car

You should answer no.  The info in the screenshot is specifying that "new" doesn't include new-to-you.  No, this vehicle was used when I bought it is the correct choice.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question