topic The IRS publishes a table. For 2017 and 2018, the rate is... in Deductions & credits

Can I claim vehicle depreciation after using standard mileage deduction after disposing of vehicle?

whatamoe1149 — Thu, 06 Jun 2019 07:40:56 GMT

What do you mean take a deduction after disposing of the...

Coleen3 — Thu, 06 Jun 2019 07:40:57 GMT

What do you mean take a deduction after disposing of the vehicle?

I meant depreciation. Turbotax says since I did not use...

whatamoe1149 — Thu, 06 Jun 2019 07:41:00 GMT

I meant depreciation. Turbotax says since I did not use depreciation they now have to figure it since I traded the car in. I thought using standard deduction precludes depreciation.

The IRS publishes a table. For 2017 and 2018, the rate is...

Coleen3 — Thu, 06 Jun 2019 07:41:02 GMT

The IRS publishes a table. For 2017 and 2018, the rate is $0.25 per mile. See below for a full explanation.

https://ttlc.intuit.com/replies/5809830