Turbo tax is asking me how much did i pay for my business vehicle Semitruck, do i put how much i have paid to date or what the finance loan payed total for the vehicle?
ex:
OK. Let's figure out the value of your 2012 kenworth t660 for depreciation basis.
Turbo tax is asking me how much did i pay for my business vehicle Semitruck, do i put how much i have paid to date or what the finance loan payed total for the vehicle?
i have paid around 15000$ i owe 30000$, do i put the total amount where its asking me how much i paid for the vehicle (45000)? or only 15000 ?