Book Value Of Car, But For Last Year ?

Feb 24, 2006 3 Replies

Hi,



Realize this isn't a "technical" question, but I've received such good help here in the past, thought I'd post here again.



Car was totaled last year, and I didn't think of looking up the book value in Kelleys or Edmunds at that time. Wish to take a Casualty Loss on tax form for 2005.



If I look up value, now, it is of course a year later, and the book value would be lower by some amount relative to last year's book value.



Any ideas on how I can get the book value of the car at the time of the loss, July, 2005 ?



Thanks, B.


Your public library should have back-issues of the Kelly or Edmunds.

Nan

I don't think IRS would object, at all, if you used this suggestion. At least you've got a good, logical argument to back up such figures. Don't forget to add sales tax to the value. s

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