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beth-lohner
April 13, 2025
Solved

How do I enter that I bought my car when the lease expired?

  • April 13, 2025
  • 1 reply
  • 0 views
I bought my car when the lease expired. Turbo Tax asks if I lease or own. Now I own but previously leased. It asks for the date I started using the car, etc. Should I delete the car from when it was leased and now enter the same car as newly in service as now it is owned?
    Best answer by ThomasM125

    Yes, you need to delete the lease auto entry and then re-enter the vehicle as a new purchase. 

    1 reply

    T
    ThomasM125Answer
    April 14, 2025

    Yes, you need to delete the lease auto entry and then re-enter the vehicle as a new purchase. 

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