Question

Car and truck expense worksheet is asking for cost i am confused

Forum|Forum|5 years ago
February 5, 2021
1 reply
0 views

im not sure what is asking for exactly i taught i already put under expenses

TurboTax Self Employed Online

You need to enter your vehicle in the Asset and Depreciation section in TurboTax. You cannot enter it as an expense. Once you enter it as an asset, you will have an option to expense a portion of it in the year that you purchase it and the rest will be deducted as depreciation expense in several years into the future.

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