You lived and worked in Wyoming. You are paying taxes on the income that you earned on the federal return. You don't have to pay state taxes to Wyoming.
You ar...
Recapture applies when you sell the vehicle. It is just in stasis while it is a personal vehicle. When you sell it you will need to enter in all of the deprecia...
You are correct about the form 4562 instructions. Unfortunately the section 179 deduction can only be taken against related business income, not against any oth...
