We used this car partly for business and partly for personal use. We sold it in 2009 and my Tax Cutt is saying I need to report it as a sale of business asset. I am so confused!
We bought the car. My husband works in sales, so he used it partly for business and partly for personal use. We sold it this year. We usually deduct mileage on the car, and in our tax program when we checked the box indicating we sold it, it told us to report it as a business asset sale. I am so confused. Is this something we should do?