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Anonymous
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Vehicle no logner used for business

I purchased a new vehicle in 2021 that I use for both personal and business, While I no longer use the previous "business use" vehicle for that purpose, I still own it, but it's had no business miles in either 2021 or 2022. How do I get rid of the old vehicle. TT keeps asking me for the business mileage for that vehicle and won't accept Zero? 

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Accepted Solutions
DavidD66
Expert Alumni

Vehicle no logner used for business

You need to indicate you converted the vehicle to personal use.  To do so, under Wages & Income, click start or review for your "Self-Employment income and expenses".  Under Expenses, next to "Vehicle", click on "Edit".  On the screen with "Let's get some info about this vehicle" check the box for "I stopped using this vehicle in 2022." and indicate you stopped using the vehicle on 01/1/2022.  Continue through the interview until you get to the screen with "Do any of these apply to the [vehicle]?  Indicate you started using it as a personal vehicle 100% of the time.  Continue without entering anything for the sales price and cost basis for the vehicle.  

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1 Reply
DavidD66
Expert Alumni

Vehicle no logner used for business

You need to indicate you converted the vehicle to personal use.  To do so, under Wages & Income, click start or review for your "Self-Employment income and expenses".  Under Expenses, next to "Vehicle", click on "Edit".  On the screen with "Let's get some info about this vehicle" check the box for "I stopped using this vehicle in 2022." and indicate you stopped using the vehicle on 01/1/2022.  Continue through the interview until you get to the screen with "Do any of these apply to the [vehicle]?  Indicate you started using it as a personal vehicle 100% of the time.  Continue without entering anything for the sales price and cost basis for the vehicle.  

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

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