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March 11, 2022
Question

Can I use the Jeep that I bought last year in October as an expense for my landscaping business? I plan on using it to pull equipment to my worksites.

  • March 11, 2022
  • 1 reply
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1 reply

March 12, 2022

You can deduct the cost of the business use portion of the Jeep on your landscaping business tax schedule. You will see an option to enter the vehicle in TurboTax when you enter your business income and expenses. You will also need to enter your business miles and other miles driven in the year and that will be used to determine the business use portion of the vehicle.

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