Solved
Sch c filer with leased car trade in
Sch C filer with an existing vehicle that was a lease was traded in for new leased vehicle - new leased vehicle on 2106 car truck worksheet and tied it to Sch C. business/personal dispositions are entered on depreciation/dispositions screen for trade in. Is this correct or is a trade-in exchange allowed and how to enter it with what basis? Second: Do I have to setup amortization of the capitalized cost reduction pmt or can I just include it in my lease payments entry?
