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I used a biz vehicle for only 20% of total miles driven. Does TT compute & enter the biz % of total or do I need to calculate biz % of expenses and enter them?

Does TT factor an entry of total vehicle expenses to reflect less than 100%  biz use and enter the reduced values itself of do I need to calculate the reduced values and enter them on the various expense lines?  thanks, folksd.

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Anita01
New Member

I used a biz vehicle for only 20% of total miles driven. Does TT compute & enter the biz % of total or do I need to calculate biz % of expenses and enter them?

TurboTax will do the allocation for you.

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1 Reply
Anita01
New Member

I used a biz vehicle for only 20% of total miles driven. Does TT compute & enter the biz % of total or do I need to calculate biz % of expenses and enter them?

TurboTax will do the allocation for you.

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