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kenbohn32
New Member

Bought a truck, 6000 pounds, 0100% business use in my company. Can you provide step by step directions for entering the Bonus Depreciation at 100%.

I have tried under Business Expense, Assets, but that says everything BUT a vehicle.  When i try vehicle, it wants me to enter mileage.
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2 Replies

Bought a truck, 6000 pounds, 0100% business use in my company. Can you provide step by step directions for entering the Bonus Depreciation at 100%.

Yes, enter the vehicle and the miles.  The miles still need to be reported, even when you use the Actual Expenses.

kenbohn32
New Member

Bought a truck, 6000 pounds, 0100% business use in my company. Can you provide step by step directions for entering the Bonus Depreciation at 100%.

Thank you!

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