Question

We bought a new truck in August of 2019. Where do I indicate that, if at all, in TT? Are there fees or charges I can include for a deduction?

Forum|Forum|6 years ago
March 19, 2020
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TurboTax Self Employed Online

Unless you are self-employed and use the truck for business, you don't report the purchase of your truck. Depending on your state, if you paid ad valorem tax, and itemize your deductions, you can deduct the ad valorem tax. To be deductible, the tax must be assessed on the value of the vehicle and assessed annually. A sales tax or one time tax does not qualify.

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