Because you use the same vehicle for both business...
Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Announcements
TurboTax has you covered during Covid. Get the latest stimulus info here.
cancel
Showing results for 
Search instead for 
Did you mean: 
wasmajmom
New Member

One vehicle was used for two different Schedule C businesses. How do I enter this in Turbo Tax? The car& truck wks only links to one schedule C.

 
1 Reply
IreneS
Intuit Alumni

One vehicle was used for two different Schedule C businesses. How do I enter this in Turbo Tax? The car& truck wks only links to one schedule C.

Because you use the same vehicle for both businesses you have to enter the vehicle under both businesses. 

For example, if the total business mileage for the year on the car was 12,000 miles, you would take that mileage and apportion it to the two businesses according to how much you use it for each business--8,000 miles for Business A and 4,000 for Business B.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
Dynamic AdsDynamic Ads
v
Privacy Settings