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April 12, 2022
Question

I traded my business use vehicle in for a new business use veh in 2021. When updating the veh that I stopped using I'm not receiving a credit for the miles driven. Why?

  • April 12, 2022
  • 1 reply
  • 0 views
I entered the miles driven for the trade and then added the new vehicle and entered the new veh mileage

1 reply

April 12, 2022

When you indicate in the Asset section that you stopped using your business vehicle (with a date), Continue, and you will be asked about Business Miles for 2021 (screenshot).

 

You will then see a screen showing the Standard Mileage deduction for 2021, or you can indicate you want to take Actual Expenses (screenshot).

 

 

 

 

 

 

 

 

 

 

 

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