OK, so I don't have all the records going way back, but this was a part time Entertainment use to haul equipment to and from gigs. I figure that business use was 10% and personal use 90% over the life of the vehicle before sale. I did use the standard mileage rate over the life of the vehicle.
What I'm still confused on is how to calculate the the Standard Mileage Rate of depreciation. Do I just take the business miles for each year, then multiply it by the .xx per mile rate in the chart? Then add all those years up to total the standard mileage depreciation?
I'll have to take a best guess of the actual miles as my records don't go back that far.
Thanks
