Question

Can I write off the extended warranty I purchased for a vehicle used for business?

Forum|Forum|7 years ago
June 5, 2019
2 replies
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TurboTax Self Employed Online

B

bwa

Employee

Yes, if you use actual costs. No if you use the mileage method, as it is already included.

S

snowy8Author

Thank you for your response! What would this go under if I do the actual costs? Would it go under other expenses? It is not listed as their examples. Thank you for your help.

KrisD15

Yes.

You enter the amount of that expense and the program will allocate the portion attributed as Business use (if the vehicle is less than 100% used for business)

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