I use my RV entirely for work/office in my consulting business. I go to home on the weekend. I don't how to document this.

Forum|Forum|4 years ago
March 16, 2022
2 replies
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How do I enter deductions for the RV?

TurboTax Self Employed Online

Best answer by Vanessa A

If you use your RV as your primary business location then you would enter the RV as an asset. Expenses for the RV such as maintenance or repairs would be either deducted or depreciated. RV's are depreciated over 5 years or you may be able to take the section 179 deduction.

To qualify for a section 179 deduction you must use the RV more than 50% for business and would have had to purchased it or converted it to business during the tax year.

To enter your RV as an asset click the following:

Federal
Income and Expenses
Edit next to your business
Add Expenses
Scroll down and click show more until you see Assets and click Add

Vanessa AAnswer

To qualify for a section 179 deduction you must use the RV more than 50% for business and would have had to purchased it or converted it to business during the tax year.

To enter your RV as an asset click the following:

Federal
Income and Expenses
Edit next to your business
Add Expenses
Scroll down and click show more until you see Assets and click Add

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clarityhealth

Does this also work if your business is an S corp? I had someone else tell me that the RV would just be considered part of our home property, and only the office equipment/furniture we purchase would be a business expense. That didn't make sense to me if the RV is only used for our home office/business only. It is not a permanent structure on our property, and was purchase for business use.

Critter-3

@clarityhealth

Depends on who owns the RV...you personally or the corporation. Do you give yourself a W-2 as an employee as required?

paccpas

ALWAYS talk to a tax professional for matters like this - as your actual situation will dictate how to handle this. There are specific tax court cases on the matter and I would not rely on web articles as your backup if you get audited. "ENTIRELY for work / office" is not how the IRS will see this. They know (and the courts agree) you will also use it as your living quarters and even if traveling this change how much you will be able to deduct.