sdondavis
New Member

Purchased vehicle (truck) in 2001 for 20899, fully depreciated, sold last June for 6300. How do I calculate gain?

Purchased truck in 2001, fully depreciated. Sold in June 2018 for 6300. How do I answer depreciation and cost basis questions in the vehicle expense section of TurboTax? Used it 100% for business to the day sold . Thanks