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Deductions & credits
Wow, thanks. I actually didn't know I would have to keep it until it couldn't go any more. I was planning on trading it in sooner rather than later since I'd been putting so many miles on it.
I certainly have used it more than 50%. But you're saying that, if I trade the truck in while it's still usable, I will have to pay back the value that hadn't depreciated? How so? Wouldn't it just put me in a different tax bracket? You mean, pay back what I might have gotten back on it?
‎April 18, 2022
5:29 PM