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Deductions & credits
I used Turbo Tax for the first time last year. Always had an accountant do my returns. The car I. used for dash used as a trade the first week on jan 2022. The deductions worked out better with actual cost vs. mileage.
I will be using mileage for 2022 return. Now I am trying to estimate my taxes. The question I have is how much will I owe on the depreciated car i traded in . I was hoping someone here could guide me in the right direction or give me a ball park answer as to how much.
‎November 22, 2022
1:39 PM