- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
Thanks for your explanation. I have read the instructions several times, but I cannot find where it says that the personal portion is lost. Instead, I find:
"The credit attributable to depreciable property (vehicles used for business or investment purposes) is treated as a general business credit. Any credit not attributable to depreciable property is treated as a personal credit."
Can you please paste the text where you read that the personal portion is lost?
Thanks a lot!
‎January 29, 2021
12:34 PM