Question
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.
Enter your E-mail address. We'll send you an e-mail with instructions to reset your password.