- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
As @CathiM stated, your adjusted cost basis is the original purchase price less depreciation and any special credits. Your finance amount is a separate item for accounting and tax purposes, and is not part of the cost basis calculation.
**Answers are correct to the best of my ability but do not constitute tax or legal advice.
‎October 15, 2019
7:10 AM