vehicle economic stimulus in car and truck.

Forum|Forum|1 year ago
January 30, 2025
1 reply
0 views

2023 it was flagged using 50% instead of 100% ... what is it for 2024? It wasn't flagged at all and I was required to fix the error. Yes, no or N/A. Truck was purchased in 2019 and for 19-22 is was flagged in line 36 as N/A. Then in 2023 Turbo checked in line 36 'YES' in 2024 Turbo did not check anything and I was required to fix it. Do I select YES, NO, or N/A ? What is the depreciation for years 19-24? Getting mixed messages when I try to find this information. Thank you.

KrisD15

To clarify, what is it you are trying to enter?

Sale of business vehicle?

Business use of a vehicle?

If you're asking about depreciation on a business vehicle and that vehicle is also available for personal use, it would depend on a lot of things, which method did you use? How much was business vs personal?

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"