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Deductions & credits
If you used TurboTax in the past, the total AMT depreciation taken on the vehicle appears on the Alternative Minimum Tax Depreciation Report that is included with your complete tax return (Form 4562). The amount to enter is the total of current and prior depreciation shown on this worksheet, plus or minus any AMT adjustments. These are the last three columns on the depreciation report for this asset. You need only the report from last year, as the prior depreciation number is cumulative over the life of the asset.
Most other tax services provide a similar report. You may need to request this report from the service you used last year.
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March 31, 2022
6:01 AM