Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Announcements
Your taxes, your way. Get expert help or do it yourself. >> Get started
Close icon
Do you have a TurboTax Online account?

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

cancel
Showing results for 
Search instead for 
Did you mean: 
adriannabrown92
New Member

My car was totaled in an accident. do i have to enter that somewhere?

 
1 Reply
Phillip1
New Member

My car was totaled in an accident. do i have to enter that somewhere?

If the car was a personal vehicle, there is no deduction available for that - it is considered a nondeductible personal loss. 

However, if the car was used a business vehicle that you have been depreciating, you should go through the information on the vehicle that has been carried forward from prior years in the business section.

About Community

Learn about taxes, budgeting, saving, borrowing, reducing debt, investing, and planning for retirement.

3.48m
Members

2.61m
Discussions

Manage cookies
v