I guess I'm somewhat frustrated. I apologize, I've used TT as long as I can remember because it makes doing my taxes easy. I have never had as complicated calculation/TT questions poorly explained as this.
Here goes.
I traded my vehicle that I used approximately 75% of the time for business on December 29, 2021. It was a trade in of a trade in of a trade in, etc. Do I use what I think it was worth when I put it to use in 2019 or do I use the difference of a trade in.
I'm totally confused on the next pages calculation.
Basis for gain/loss and Basis for AMT gain/loss
Then the next page, just as lost.
