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Business & farm
sorry to ask again but do I take
total sale price ( the price I sold it for) 35000.00 X the 16.57% =5799.50 ?
the cost of property (or tax basis) plus expenses of sale 43000.00 ( what i paid for it)
depreciation taken on this property (mileage I claimed for the 5 years) was $5545.00
sale of business or rental property page on turbo tax
description truck
date acquired 2019
date sold 2025
total sale price 5780 assuming thats the business part of the sale
cost of property 43000.00 what I paid for it
depreciation $ 5545.00 that the mileage i took for the 5 years
again thank you for helping out me
‎February 21, 2026
10:17 AM