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Investors & landlords
I should say that I saw a post from earlier this year from someone asking about what to do when they were removing a vehicle from service. I'm not doing that so it wasn't clear to me if the advice given to them was applicable. So, to be clear: how do I calculate the "Prior Depreciation" that this is asking for? Do I need to fill out a Depreciation Worksheet by hand, and if so do I add up all the depreciations from the years since I place the vehicle into service up through 2023? Any suggestions would be appreciated.
‎April 14, 2025
6:24 PM