Can a partner in a general partnership filing 1065 deduct tax on a new car if the vehicle used part time for business? Is it deducted on business or personal tax return?

bv5 · ‎June 3, 2019

Vanessa · ‎June 3, 2019

This would need to be prorated between business and personal use. Only the business portion would be deductible on the business return.

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Vanessa · ‎June 3, 2019

This would need to be prorated between business and personal use. Only the business portion would be deductible on the business return.

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