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Level 1
June 1, 2019
Question

This one point on the return will not resolve car and truck expenses depr allowed or allowable. i want to efile. this is what i paid for. please advise

  • June 1, 2019
  • 1 reply
  • 7 views
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1 reply

MarilynG
Level 15
June 1, 2019

If you have a Business Vehicle that you have used for several years and have stopped using it in 2018, make sure your Depreciation amount is not larger than the remaining Cost Basis.  

If so, change the Depreciation amount to equal the Cost Basis.

More info:

https://ttlc.intuit.com/replies/6236715

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