TaxGuyBill
Level 15
04-09-2022
02:57 PM
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@jeffmcpa2010 wrote:
You don't.
When you are using the std. mileage rate, purchase and sale transactions with the vehicle are irrelevant, and are not reported on the tax return.
Huh? Sorry, but that is completely wrong.
@Greta Is this a vehicle that varied in business percentage (therefore the Asset Entry Worksheet will give funky number if you enter the sale on the worksheet)?
