I've got Turbo Tax for Home and my small business. I use my car for both my business and personal - I keep meticulous records to record mileage for work and mileage for personal. I've already entered mileage data in Turbo Tax. However, I do not know where to put the cost of registration of this car.
Is it somewhere in the business area? Is it somewhere in the personal area?
You will get to a screen that tells you your standard mileage deduction.
If you want to report your vehicle registration fee, you must select the radio button for
"Yes, I'd like to see if my actual expenses give me a bigger deduction"
The next screen is where you enter the registration fee.
This is where I'm navigating - and I don't see a place to enter the cost of registering my vehicle.
Business TAB —> I’ll choose what to work on —> Business Expenses / Update —> Edit —> Business Vehicle Expenses / Update
You will get to a screen that tells you your standard mileage deduction.
If you want to report your vehicle registration fee, you must select the radio button for
"Yes, I'd like to see if my actual expenses give me a bigger deduction"
The next screen is where you enter the registration fee.