purchased a vehicle without a loan, used funds from checking account, created an asset for vehicle and made transactions in checking account using asset as category. but there is over 4,000 in taxes that i dont want in the asset account.
Let's see if I'm correctly following the sequence of events.
What you haven't explained on why there are taxes due from the sale of what must certainly be a depreciated asset. OR, were those additional transfers to the vehicle account to substantially improve the vehicle so that you actually turned a profit (after the initial purchase and additional funds were accounted for)?
Also, what do you mean by "over 4,000 in taxes that i dont want in the asset account"? If you truly turned a profit, where would you want them?
And, are you in the vehicle restoration and resale business? Or was this a one-time personal activity?