How to update Vehicle Total Cost

bruce2020 · ‎February 9, 2020

I was using my car for Job related Education/Training. I found that my Vehicle cost has dollar amount (in grey) and I can not change it. I want to update this #. can some one help me?

thank you

JohnB5677 · ‎February 9, 2020

If you are using the Standard Mileage Deduction it will not make any difference. However, if you do wish to update it you will have to discontinue the prior use and submit it as a new vehicle. You will also have to determine what the prior depreciation was.

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View solution in original post

JohnB5677 · ‎February 9, 2020

If you are using the Standard Mileage Deduction it will not make any difference. However, if you do wish to update it you will have to discontinue the prior use and submit it as a new vehicle. You will also have to determine what the prior depreciation was.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

ElleG · ‎April 13, 2024

Did you find out the reason why you couldn’t change it ?

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How to update Vehicle Total Cost