The car is worth $5,000, the loan is $9,000 how do I list it on Schedule C property claimed as exempt
Description of Property 2004 Ford Mustang
Specify law providing each exemption A.R.S. 33-1125(8)
Value of Claimed Exemption ??? Is this a negative $4,000 when I subtract the loan or $0
Current Value of Property Without Deducting Exemption $5,000
thanks
Description of Property 2004 Ford Mustang
Specify law providing each exemption A.R.S. 33-1125(8)
Value of Claimed Exemption ??? Is this a negative $4,000 when I subtract the loan or $0
Current Value of Property Without Deducting Exemption $5,000
thanks
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