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Depreciation calculations
I'm having trouble with the automatic depreciation calculations for our business tax return. Last year's projected depreciation showed $11,700 on one of our vehicles for the 2024 year. We're working on the FY 2024 return now and Turbo Tax is only showing $3,742 for the vehicle depreciation amount. We had the vehicle all year, so don't know why the amount would be different than projected.
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‎October 30, 2025
2:09 PM