Question

How should I reply to date sold for a vehicle no longer being used but not sold?

Forum|Forum|5 years ago
May 13, 2021
1 reply
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I am being asked for a date sold for a vehicle we no longer use on our farm, but have not sold. At some time we may sell it for parts but as of this tax filing it still sits in our yard.

TurboTax Self Employed Online

Carl11_2

Employee

On the screen asking if you stopped using this asset in 2020, select yes.

Then on the screen for "Special Handling Required?" read the reasons under that for selecting YES. Then select YES and you will not be asked for sales information then.