glennreedcfo
Level 1
02-13-2021
02:47 PM
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Thanks for help from the Community.
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George4Tacks
Level 15
02-13-2021
02:55 PM
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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!
qbteachmt
Level 15
02-13-2021
02:57 PM
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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?
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glennreedcfo
Level 1
02-13-2021
03:00 PM
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Thanks - good questions. Clients business use vehicle. Sold at a loss. (Cash Received less than depreciated book value)
glennreedcfo
Level 1
02-13-2021
03:01 PM
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Thank you - will take a look at the link. Much appreciated!