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February 10, 2025
Question

on schedule c, what is vehicle basis looking for?

  • February 10, 2025
  • 1 reply
  • 0 views
date or mileage or value

    1 reply

    CatinaT1
    February 10, 2025

    The basis is the value of the vehicle. This will be the amount you paid for the vehicle plus any fees, the cost of registration, and taxes.

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