I bought a new car on 12-30-2020 (approx $50K). When I did taxes last year it took a 179 deduction of $17629. Im trying to do taxes this year and Im not getting ANY depreciation deduction? What am I doing wrong?
Did it do the depreciation the wrong way and shouldnt this be a 5 year property? Do I need to refile last years and do the depreciation another way?
