I'm curious on an estimate my vehicle will have for my business for taxes.. The vehicle is used 85% for business. I've owned it since 2018 it's a 2016 f150. My business only started in 2021 and was in use all of 2022. I understand my expenses for the vehicle but depreciation I can't grasp how it effects a not new vehicle that I purchased before... I understand the mileage option maybe easier but I need this value first to compare. Plus, I can include more expenses VS the mileage one. My mileage for business use in 2022 is approx 9,000.
My truck is financed
