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My Xbas is too high. This is my first time I am claiming Self Employment but I have been using my vehicle since 2017 for my work. I own the Vehicle. How do I fix this?
I have no prior claims on my vehicle and I entered all the info from my papers that I have. My vehicle was bought used. It says enter excess basis but Idk what that means. I've check all the boxes and the info is correct for all the boxes. I don't know how to fix this or what to enter.
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‎April 20, 2021
9:30 PM