Originally Posted by Unregistered:
First time doing my own taxes and I am confused on this depreciation.
The vehicle cost $43679.00
Tax for 2008 depreciation $13977.00 100% business use
Tax for 2009 depreciation $2850.00 100% business use
Tax for 2010 depreciation $1775.00 100% business use
Not sure how to figure out the depreciation for 2011 at 90% use or do I have any left to use? Thanks for any help that I can get
Melissa
I can't figure out how these numbers were arrived at, so I can't tell you what you can depreciate in 2011. You need to ask the person who did this depreciation, or find a tax preparer to help you.