In 2020 I traded in my old car on a newer vehicle. I used and use these in my 2 small businesses. I track my mileage, and take the standard mileage deduction on my two schedule C's. I found the "Gains Losses" very confusing, but thought I had it tackled. However, now on the Car and Truck Worksheet Form, on lines 51 and 52 depreciation allowed or allowable, it shows an amount in red. What does that mean?
