Question

How to enter Standard mile deduction for vehicle in turbotax business?

Forum|Forum|6 years ago
January 28, 2020
1 reply
0 views

I have turbotax business and am trying to enter a work vehicle with a standard mile deduction under a rental property. I'm not seeing a place to enter this?

TurboTax Business Windows

AmyC

Employee

When you go through the rental, the rental summary shows Vehicle Expenses. It will ask you questions regarding standard mileage first.

The program will ask you about taking actual mileage. If you used actual mileage the first year with the vehicle, you must actual expenses every year after.

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J

jonesonline24Author

I don't see it on turbotax business. See the image

T

ThomasM125

There is not a separate line entry for vehicle expense for rental property on schedule E, as most landlords don't deduct it. But you can calculate the amount and enter it as a "general expense" by typing it in, in that section.

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