☰
✕
Sign In

Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Jun 6, 2019 12:40:56 AM

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

0 3 708
1 Best answer
Intuit Alumni
Jun 6, 2019 12:41:02 AM

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

3 Replies
Intuit Alumni
Jun 6, 2019 12:40:57 AM

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

New Member
Jun 6, 2019 12:41:00 AM

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.  

Intuit Alumni
Jun 6, 2019 12:41:02 AM

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