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Level 2
posted Jun 3, 2019 4:29:25 PM

Entering mileage information for two separate business (2 schedule C).

If vehicle was used in business ABC since 2015 and now I have a new business XYZ that started in 2017 which I used the same vehicle for the business, what date should I enter for "When did you start using this vehice for work?" under business XYZ for the vehicle? The date I started using the vehicle since business ABC or XYZ?

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1 Best answer
Expert Alumni
Jun 3, 2019 4:29:26 PM

For the new business (XYZ), enter the date you began using the vehicle for that business.  Also, please see the following information about how to divide or allocate the vehicle's expenses/mileage between the two businesses. https://ttlc.intuit.com/replies/5989906

1 Replies
Expert Alumni
Jun 3, 2019 4:29:26 PM

For the new business (XYZ), enter the date you began using the vehicle for that business.  Also, please see the following information about how to divide or allocate the vehicle's expenses/mileage between the two businesses. https://ttlc.intuit.com/replies/5989906