To clarify,
are you removing the vehicle from business service (sold or converted to personal use)?
Unless you were ever subject to Alternative Minimum Tax (AMT) , and you would have known if you had been, the AMT depreciation is the same as regular depreciation.
Are you putting into service for tax year 2023 a vehicle you purchased in 2022?
If you have never used this particular vehicle as a business asset/vehicle before placing it into service, you would have claimed no depreciation, so zero AMT Depreciation. If you used this vehicle previously as a business vehicle, enter the depreciation you have claimed on it previously. You can find that in the prior tax return for the year it was previously used as a business vehicle, look for Form 4562 "Depreciation and Amortization Report" for that prior year.
$11,500 will be your BASIS (your cost or value when placed into service) on which depreciation is calculated.
If a Taxpayer is over a certain income limit, they are subject to Alternative Minimum Tax (AMT) and they need to adjust certain deductions including the depreciation they can claim.
HERE is more information about AMT
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