Your tax write-off is never used as your car’s value.
The rule Tax depreciation is not economic depreciation.
Bonus and §179 expense the whole car in year one. A car that wrote off $7,500 and is still worth $7,500 has lost nothing — but a tool that reaches for the tax figure reports it as a total loss. The error is worst for the hosts who took the most correct treatment, which is why it has to be structural rather than a setting.
test/vehicle-verdict.test.js- tax depreciation is reported but NEVER enters economic profit
- with no FMV, economic profit is null — the tax figure is never substituted
- structuralBasis says whether the cost line was measured or modelled
3 of 17 passing assertions in this file are cited above.