glennreedcfo
Level 1
Thanks for help from the Community.
0 Cheers
George4Tacks
Level 15

I assume it is in the depreciation input. https://proconnect.intuit.com/community/form-8949/help/entering-a-sale-or-disposition-of-assets/00/5... should get you there


Answers are easy. Questions are hard!
0 Cheers
qbteachmt
Level 15

Is this from your client's business or their personal vehicle? Is that a specialty vehicle? What makes it "a loss?" What about previous depreciation?

*******************************
Don't yell at us; we're volunteers
0 Cheers
glennreedcfo
Level 1

Thanks - good questions.  Clients business use vehicle.  Sold at a loss. (Cash Received less than depreciated book value)

0 Cheers
glennreedcfo
Level 1

Thank you - will take a look at the link. Much appreciated!

0 Cheers