If i used actual expense method on prior year taxes what do i put for Depreciation Equivalent for Total Miles and AMT Depreciation Equivalent for Total Miles?

[tracya0]

I traded a vehicle for a newer vehicle-this question pertains to the old vehicle depreciation.

[PatriciaV]

Yes, you will need to calculate the Depreciation Equivalent based on the mileage you reported each year that you used the vehicle for your business.

See a general discussion with instructions below. Note that the post is from a prior tax year, so you may need to check the provided links for an update.

https://ttlc.intuit.com/replies/5809830