RobertG
Expert Alumni

Get your taxes done using TurboTax

TurboTax wants your vehicle information because if you sell a vehicle that you used in business you may have to recover some of the depreciation you previously claimed on it.

 

The standard mileage rate has a depreciation equivalent built in.  That rate is .26 for 2019.  So even if you only claimed standard mileage rate you may have to recapture some of that previously claimed depreciation.

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