3622111
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Attend our Ask the Experts event about Tax Law Changes - One Big Beautiful Bill on Aug 6! >> RSVP NOW!
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Depreciation equivalent versus AMT equivalent

Should depreciation equivalent and AMT equivalent be the same amount when calculating cents per mile for business vehicles???

 

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
DianeW777
Expert Alumni

Depreciation equivalent versus AMT equivalent

Yes, if the amount being shown is only for the vehicle. The regular and AMT would be the same amount in this situation.  If you have more questions, please provide additional details so that we can be specific for your situation.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question