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Level 1
posted Feb 1, 2023 5:26:30 PM

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.

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1 Best answer
Expert Alumni
Feb 1, 2023 5:46:33 PM

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

2 Replies
Expert Alumni
Feb 1, 2023 5:46:33 PM

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

Level 1
Feb 1, 2023 5:56:15 PM

@Vanessa A

 

Thank you for your help.