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    Car deprecation

    MGC94
    Level 7
    ‎03-17-2022 04:18 PM

    2020 took the big deprecation on new car purchase. 2021 I have to do actual expense, correct? 

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    1 Comment 1
    Just-Lisa-Now-
    Level 15
    Level 15
    ‎03-17-2022 04:21 PM

    Correct.  You're stuck with actual expenses until that car is no longer used in business.


    ♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪






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