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Get your taxes done using TurboTax
DianeW777 - I have very similar situation. This was helpful. Following your instructions, my business Sale price is $1,728.88 and the Depreciation taken on the Property is 1,779.55. But I don't know what to enter in the Cost of Property blank? How is that calculated?
I have all the busines/personal miles, total miles, etc. My % business miles varied each year. The total business percentage, for example is .099
Thank you so much - this is the last thing to finish and I'm done!!
‎April 12, 2024
12:02 PM