Sorry I misread part of the previous reply, I thought you were saying trade in value was NOT sale value... But anyways, I'm getting conflicting information here...
Victor, Can you clarify why trade in value is not the same as sale value? I read another thread on these forums where an "expert" specifically said they were th...
Also, I am still unclear if I'm supposed to enter the full FMV of $1500 and assume TT will calculate the biz percentage, or if I need to enter just the business...
Ah, I see. I did not realized the value was also being multiplied by the business use percentage In this case I suppose the gain is the same either way, but fo...