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April 10, 2024

You need to update the business vehicle expense section where you enter your business income and expenses. 

 

 

On the screen that says Tell us about your business vehicle, choose the option that says I stopped using this vehicle in 2023 and enter the date you stopped using it:

 

 

Work through that section and later you will be asked to enter the sale price of the vehicle and TurboTax will calculate the gain or loss on sale and enter it on your tax return. If you didn't sell it just leave the sale price and expenses of sale blank.

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