How do I determine the total cost of my vehicle previously used for work but sold?

[mcwilliams4229]

we purchased a vehicle in 2016 and stopped using it in 2018.  When we purchased it we traded in a personal vehicle (not one used for business).  When calculating 
"vehicle cost" it states it would be the purchase price + tax ($20274.50).  Then it states "if you traded-in your old vehicle to subtract the cost of that vehicle.  My question is, since it was a personal vehicle and not one used for business, should I subtract the cost of that vehicle to determine the cost of the one we got and did use for business (and have since stopped using)?

Thanks

[KrisD · Accepted solution]

Correct. The value you received from the trade-in would not be subtracted since it was your personal property and not a work vehicle when you traded it in.