recapture in standard mileage

Apr 16, 2008 0 Replies

(1) Where does one find the table of the depreciation component of the standard mileage rate. The following page



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only has the components for 2003 to 2008.



(2) How you calculate the 25% profit. I imagine the general formula is



profit = (sale price on business usage) - (cost price on business usage) + (depreciation)



But how do you determine (sale price on business usage) if the business usage changes every year?



And how do you determine (cost price on business usage)?


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