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J
JandG_Labbe
April 14, 2025
Question

What is recovery period for rideshare driving?

  • April 14, 2025
  • 1 reply
  • 0 views
In Schedule C (Rideshare Driving), form asks for Recovery period must be entered. Does this mean by miles, months, weeks?

    1 reply

    J
    JamesG1
    April 14, 2025

    Are you referring to a recovery period over which to depreciate a vehicle that is used in the Rideshare business?  If so, the answer is likely five years.

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