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dinnyp
June 28, 2022
Question

How to take a business vehicle out if service

  • June 28, 2022
  • 1 reply
  • 0 views
Where to Stop using business vehicle date?

1 reply

Carl11_2
Carl11_2
Employee
June 28, 2022

You don't clarify if this vehicle is a SCH C asset, SCH E asset or SCH F asset. But basically;

Work through the vehicle is the vehicle asset section and select the option for "I stopped using this vehicle in 2021", then continue on. The program will ask you for pertinent information after that, as it will matter why you removed it from use. (personal use? You sold it? Vehicle was totaled in an accident? Something else?)

 

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