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We donated a car that we used 10% for business. Schedule C is asking for sale price. We did not claim depreciation. How to handle?
We donated a car that we used 10% for business. Schedule C is asking for sale price when we are doing "disposition of vehicle". Is this the price that the charity sold the car for?
However, we did not claim depreciation for the vehicle. We just did standard mileage each year.
Not sure how best to handle this or reflect it.
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March 20, 2022
9:52 PM