☰
✕
Sign In

Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
Level 1
posted Apr 13, 2024 8:54:46 AM

Why is sch c asking about Car & Truck on my state taxes when I have entered zero deductions on my federal? It shows numbers from previous years, but I had no car in 2023

It shows line 
(32) 25,000
(35) 20,452
(37) 20,452
(62) MACRS
(63) 5
(65) HY
(68) 1
(72) 5.0

0 2 3411
1 Best answer
Expert Alumni
Apr 14, 2024 5:48:50 PM

Some states use a different depreciation schedule. It looks like you are still depreciating the vehicle so you need to take it off your return. Check your business return and see if the car is still on the business. If so, you need to mark it disposed of Jan 1.

2 Replies
Expert Alumni
Apr 14, 2024 5:48:50 PM

Some states use a different depreciation schedule. It looks like you are still depreciating the vehicle so you need to take it off your return. Check your business return and see if the car is still on the business. If so, you need to mark it disposed of Jan 1.

Level 1
Apr 14, 2024 9:32:49 PM

Looks like it was carried over from last year's taxes and my old company, even though no income or business deductions were entered. I wasn't sure I should delete it, but a few hours after I did, the issue disappeared. We'll see. The taxes went through. I'm not 100% confident it's right, but TurboTax submitted them and they were accepted. Thankyou for replying.