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Business & farm
Ok...just trying to comprehend with a clear understanding of the methods being used here to handle this matter.
Then, you are saying I use the irs formula times the mileage I took each year up to $35K for the years from 2005 until I reach the $35K (or whatever the original purchase price was). Let's say I reached the $35K in 2015. Then I would not be calculating depreciation for years past 2015...or does Turbo Tax automatically do this for me?
March 6, 2023
3:11 PM