Forum: Daycare and Taxes 01-28-2020, 09:16 AM

Replies: 6 Sold Car Help Views: 2,837 Posted By TomCopeland car expenses I don't understand what you are saying. If you used the standard mileage rate on your old car and sold it, and plan to use the standard mileage rate on the new car, then you don't have to deal with...

Forum: Daycare and Taxes 01-27-2020, 09:13 AM

Replies: 6 Sold Car Help Views: 2,837 Posted By TomCopeland sold a car Take the original price of the old car and subtract from it all the depreciation you claimed. Then add the purchase price of the new vehicle to this. That's your basis in the new vehicle.