Disposition of Asset not calculating correctly in program

[bebop]

Schedule C client disposed of a vehicle. Vehicle cost 4900 and was fully depreciated in 2021. Car & truck worksheet shows an error in disposition section line 55, that depreciation allowed of 4900 is too large. Form 4797 page 2 line 21 shows basis as 0. But the car & truck worksheet line 31 shows basis as 4900. Any ideas why the basis is not flowing through to 4797 correctly?

[TaxGuyBill · Accepted solution]

What was the business percentage in the current year?

[bebop]

100%

[bebop]

I figured out the problem.  Because the vehicle was disposed at the beginning of the year, I put in that there were 0 miles driven for the year. That made the calculation compute 0 business percentage.  I changed the mileage to 1 mile and that fixed everything.  Thank you for your response.