Question

Purchase a car for business, where is the best place to write off?

Forum|Forum|5 years ago
May 12, 2021
1 reply
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Hello everyone, recently i purchased a car for business, i was wondering beside to write it off in "Assets" is there any better place to write it off in tax return? Many thanks

A

AnnetteB6

There is a separate section in the Schedule C Business Income and Expenses portion of your tax return for Vehicle Expense. That is the section that you should use for your business vehicle.

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