sale of a personal vehicle

seediris
seediris Member Posts: 1 Newcomer
in Filing my taxes

i sold a personal vehicle in 2024 for a profit but i cannot figure out where to add this in my taxes. it prompts for a 1099-K but i do not have one. i need to fill out a 1040 schedule d but do not see anywhere to do so.

Tagged:

Answers

  • PhillipB
    PhillipB FreeTaxUSA Team Posts: 91

    Hello,

    Follow these steps to report the sale of your car:

    1. Click the Income TAB > Click Investments and Savings > Click Add an Investment
    2. Choose Other Sales > Click Save and Continue > Enter Your name or whatever you want for Person ? Financial Institution that Brokered your Sale(s) > Click Save and Continue
    3. Choose one at a time and click Save and Continue
    4. Choose I didn't get a tax form and click Save and Continue
    5. Enter the sales information and continue from there.

    Let us know if there are additional questions or concerns.

    Thanks for using FreeTaxUSA

Categories