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March 23, 2025
Question

How can I enter the new vehicle in Turbo Tax as business vehicle to claim the section 179 deduction? I entered one of vehicles in asset section in 2023 because of this.

  • March 23, 2025
  • 1 reply
  • 0 views
I don't want to enter my business vehicle in asset section. But when I entered it as business vehicle, Turbo tax did not give any option to claim either 179 or any deprecation. The same issue happened back in 2022. I had to enter the other vehicle as an asset in 2022 to work around this, then in 2023, when I claimed the vehicle expenses, I had to manually delete the deprecation vehicle section since it is recorded in business asset. Just wanted to know if there is a way, I can just enter the vehicle in vehicle section and claim depreciation when the vehicle is new. Thanks. I use actual expense method.

1 reply

March 23, 2025

When you enter the vehicle, you will be able to indicate how much Section 179 expense you'd like to take.

 

Here are the steps in TurboTax Online:

 

  1. Navigate to Federal > Wages & Income > Self-employment income and expenses
  2. Edit your business 
  3. Choose add expenses for this work
  4. Choose Vehicle and Continue
  5. Vehicle now appears in the list of expenses, choose the pencil icon to the right of vehicle expenses
  6. Answer the interview questions about the vehicle, and enter the related expenses.
  7. Continue through interview, answering the date you bought the vehicle in 2024.  You will come to a screen How much do you want to deduct for the business use of this vehicle? where you can claim Section 179 expense.

 

March 24, 2025

Hi MindyB,

Thanks for the reply. 

I am using Turbo tax desktop version. The page you showed me is not in desktop version for business section. 

Do you know how I can work around this? 

Thanks,

qiong

March 24, 2025

NVM. I figured it out. The data of service was in December.

Thanks,