johnhancock33
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Bought car in 2018 for 20577. Traded it 1/2022 for truck. Loan balance on the trade in was around 14000. Dealer gave me 16000, 2 grand above what I owed. Then f...
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Coleen : self employed. Bought car new to me 2020 for $20,577. Traded it in 1/22. Total depreciation taken was $13,920. 95% business use. Trade in allowance was...
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Hello-2022 vehicle transaction:-trade in allowance=$16,000-loan payoff on trade in vehicle=$13,470From your posts, it appears that sales price (for the deprecia...
Activity Feed for johnhancock33
- Posted Re: Business Vehicle Trade-in on Deductions & credits. December 18, 2022 9:46 AM
- Posted Re: Business Vehicle Trade-in on Deductions & credits. December 18, 2022 7:58 AM
- Posted Re: You purchased your business vehicle as part of a trade-in... on Deductions & credits. November 13, 2022 7:08 AM