2852260
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.

TurboTax asks if I bought my car new or used. I opted to purchase my vehicle in 2020 after a 3 year lease. Should I consider it new or used when I bought it?

I used my car for Uber Eats & Door Dash deliveries in 2022.
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
Vanessa A
Expert Alumni

TurboTax asks if I bought my car new or used. I opted to purchase my vehicle in 2020 after a 3 year lease. Should I consider it new or used when I bought it?

If you purchased it at the end of the lease it would be a used car. 

**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

2 Replies
Vanessa A
Expert Alumni

TurboTax asks if I bought my car new or used. I opted to purchase my vehicle in 2020 after a 3 year lease. Should I consider it new or used when I bought it?

If you purchased it at the end of the lease it would be a used car. 

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

TurboTax asks if I bought my car new or used. I opted to purchase my vehicle in 2020 after a 3 year lease. Should I consider it new or used when I bought it?

@Vanessa A

 

Thank you for your help. 

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question