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?