Question

CAN I CHANGE AUTO DEPRECIATION FROM MILEAGE TO DEPRECIATION?

Forum|Forum|7 years ago
June 1, 2019
1 reply
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I'VE ENTERED MILEAGE SINCE 2013 BUT THIS YEAR WENT WITH DEPRECIATION AND IT EXPENSED ALMOST THE ENTIRE COST OF THE VEHICLE.

TurboTax Self Employed Online

C

CaronM

If you have been claiming the standard mileage deduction, you are able to switch the actual. However, it sounds like you might have shown the vehicle as placed in service in the current year, which is causing most of it to be expensed. If you need assistance with setting up your vehicle to take the actual expenses, you might want to call us and get the assistance of our tax experts.