@JohnB5677 When you said 'full car value', you mean the money I received for this sold car in 2023?
I sold this car for $8,000 in 2023.
For the first rental, the sales price (business Portion=3.49%) I entered was $279.2 ( $8000 * 3.49%).
Do you mean I should enter $139.6 ? ($8000 * 50% *3.49%)
For the second rental, the sales prices (business portion =2.51%) I entered was $200.8 ( $8,000 * 2.51%)
Do you mean I should enter $100.4 ? ($8000 * 50% * 2.51%)
How about the vehicle total cost (FMV） when I placed it in service? The total cost was $22,900. Should I enter $11450 for each rental ? or $22900*50%*3.49% for the rental 1 and $22900 * 50% *2.51 for the rental 2?
