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.

How do I enter that I bought my car when the lease expired?

I bought my car when the lease expired. Turbo Tax asks if I lease or own. Now I own but previously leased. It asks for the date I started using the car, etc. Should I delete the car from when it was leased and now enter the same car as newly in service as now it is owned?
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 Best answer

Accepted Solutions
ThomasM125
Expert Alumni

How do I enter that I bought my car when the lease expired?

Yes, you need to delete the lease auto entry and then re-enter the vehicle as a new purchase. 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

1 Reply
ThomasM125
Expert Alumni

How do I enter that I bought my car when the lease expired?

Yes, you need to delete the lease auto entry and then re-enter the vehicle as a new purchase. 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question