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November 16, 2019
Question

Buisness Vehicle depreciation?

  • November 16, 2019
  • 1 reply
  • 0 views

I am using the Home/Business  option- and trying to list 3 vehicles I purchased for my business using actual expenses- It allows deductions for repairs and insurance.... but where does it allow me to depreciate the vehicle- on my farm section I have to list the vehicle as an asset, but under my business it has an asset section but no bubbles to click on for vehicles? am I trying to place it in the wrong area or what?

    1 reply

    Employee
    November 16, 2019

    Try using Business Vehicle Expense in the Business Expenses section of the program.

     

    Proceed through the screens and indicate that you want to use actual expenses.