I started using my personal vehicle for my business as an independent contractor in 2022. I started my second business on Jan 1 2023 and use the vehicle in that business also. Do I enter this vehicle information for each businesses.
Yes, if the vehicle is used for two businesses, the information must be tracked according to the use of the vehicle for each business and entered under each Schedule C.
Your total miles driven for the year will be the same on both Schedule Cs, but the total business miles under each Schedule C should be reporting only miles driven for each particular business.
Enter your E-mail address. We'll send you an e-mail with instructions to reset your password.
©1997-2022 Intuit, Inc. All rights reserved.
Intuit,
QuickBooks, QB, TurboTax, ProConnect, and Mint are registered
trademarks
of Intuit Inc. Terms and conditions, features, support, pricing,
and service options
subject to change without notice.
Security
Certification of the TurboTax Online application has been
performed by
C-Level Security.
By accessing and using this page you
agree to the
Terms of Use.
Accessibility
