KSB178
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Doing this:Since you used the vehicle over 5 years for Business (expected life), the remaining Cost Basis could be equal to the Accumulated Depreciation. Use th...
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Follow up question:The 2013 truck was traded in for the new 2024 truck. The old truck trade in value is $15000, times business percentage 52.93% = $7939.50.When...
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Activity Feed for KSB178
- Posted Re: AMT dep allowed/ allowable is too large on Get your taxes done using TurboTax. February 19, 2025 2:52 PM
- Tagged Re: AMT dep allowed/ allowable is too large on Get your taxes done using TurboTax. February 19, 2025 2:52 PM
- Posted Re: AMT dep allowed/ allowable is too large on Get your taxes done using TurboTax. February 19, 2025 12:56 PM
- Tagged Re: AMT dep allowed/ allowable is too large on Get your taxes done using TurboTax. February 19, 2025 12:56 PM
- Posted Re: AMT dep allowed/ allowable is too large on Get your taxes done using TurboTax. February 19, 2025 11:23 AM
- Tagged Re: AMT dep allowed/ allowable is too large on Get your taxes done using TurboTax. February 19, 2025 11:23 AM
- Posted AMT dep allowed/ allowable is too large on Get your taxes done using TurboTax. February 19, 2025 10:40 AM
- Tagged AMT dep allowed/ allowable is too large on Get your taxes done using TurboTax. February 19, 2025 10:40 AM