Question

I purchased business the vehicle that I had leased at the end of the lease. How and where do I enter this in turbo tax?

I leased a vehicle that I use in my business. That lease expired during 2024 and I purchased the vehicle at end of lease

You'll enter it as a new depreciable asset as of the date of purchase with a purchase price equal to what you paid for it at the end of the lease.

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