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Level 2
posted Feb 9, 2020 11:16:01 AM

How to update Vehicle Total Cost

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

0 2 522
1 Best answer
Expert Alumni
Feb 9, 2020 11:47:18 AM

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.

2 Replies
Expert Alumni
Feb 9, 2020 11:47:18 AM

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.

Level 1
Apr 13, 2024 1:33:07 PM

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