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Level 1

Question

auto depreciation allowed or allowable is too large?

Forum|Forum|5 years ago
July 15, 2020
1 reply
0 views

No text available

Level 15

Is it saying that when you try to report the sale of the vehicle? TurboTax can not calculate the sale of a vehicle (or other asset) that has varied in business percentage from year to year. So you can't report the sale in the vehicle section. You either need to manually calculate things and enter it in the "Sale of Business Property" section, or go to a tax professional.

A

Anonymous

if you used the standard mileage table for some years, then you need to look at the tables to find how much depreciation was included and include the standard mileage depreciation with the actual business depreciation taken in those years