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October 13, 2022
Solved

I purchased 2 USED vehicles in 2021 to use for business. I check that the vehicle was used when I bought it, TurboTax keeps changing it to purchased new!

  • October 13, 2022
  • 1 reply
  • 0 views
 Also TurboTax will not let me change to itemized deductions, which are $4000. higher than standard deduction. How can I fix this?
Best answer by Anonymous_

If you purchased the vehicles in 2021 and you are working on your 2021 return, then although the vehicles may be used, they are "new to you" (and your business).

1 reply

Employee
October 13, 2022

If you purchased the vehicles in 2021 and you are working on your 2021 return, then although the vehicles may be used, they are "new to you" (and your business).