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May 14, 2021
Question

Schedule E says I must answer the "Less than 5 at a time" question. The answers are yes or no. I don't know 5 "what" at a time. Can anyone help me?

  • May 14, 2021
  • 1 reply
  • 0 views
Is it asking 5 vehicles? 5 miles? 5 drivers? 5 employees?

1 reply

RayW7
May 14, 2021

It is asking for amount of vehicles used in your business...

 

In the TurboTax interview answer 0-4 vehicles if you only used one car at at time for work. (or less than 5).

 

If reviewing  the worksheet answer Yes (if you used less than 5 vehicles)  to 'Did you use less than 5 vehicles  bur business at one time?'

 

-follow this link for additional information-

Business Use of Vehicles - TurboTax Tax Tips & Videos