20jojo21
Returning Member

Deductions & credits

Thank you for replying.  I am trying to get a ball park on what  I will owe & how it is calculated. 

Is it the trade value I received Jan 7th, 2022. $ 15,500 - $ 8671 depreciation write off 2021 ?

 

Also the new car put in service Jan 7th 2022. Can I now use actual mileage for this year ?

 

Thank you for your help.