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Hi James,
I have all the forms you mentioned. When I look back at previous years on the car and truck expense worksheets, the state prior depreciation line is blank. I also have my 2021 form 4562 right in front of me. Lines 26-28 are filled out. That amount is then carried to lines 21 and 22. That same amount is on line 13 of Schedule C. I am trying to dispose of the vehicle. I guess I'm not understanding how this all helps me to figure out what amount to put? Please help.
‎April 5, 2023
2:09 PM