KrisD15
Expert Alumni

Deductions & credits

It's hard to say without seeing the numbers and how you entered them in the screens. 

I also am unclear what you mean when you say 

 

"It looks like this value causes a $6,909 gain at the end but I only saved $7,965 over the 1st 4 years for standard milage expense, so that seems odd I would have a gain since I didn’t gain on the sale and only deducted $7,965 from using the vehicle over the years"

 

However it APPEARS to me that the program, having suggested 10.08% business use is only using 10.08% of the purchase price as your basis. 

 

If you take 10% of your basis and 26% of the selling proceeds, you would show more gain than necessary. 

 

@kjheim09 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"