Heavy Duty Commercial Truck GVW 26000

[corarene]

Hello I have a question, we are a new business and we are filing our taxes for 2019. We have several trucks we lease greater than 30 days. Wanted to know how to write of the itemize expenses in Turbo tax Business 2019.

Such as:

Lease Payments

Gas

insurance

Is it a lump sum or breakdown for every truck?

Thanks

[Anonymous]

each expense can be totaled and entered as a separate item.  no need to list each expense for each truck.  even something like gas can be totaled for all vehicles to the extent it's business related. 

[corarene]

Is there a particular spot to put leased payments?

[Critter-3]

Rents ... 

[corarene]

The example you showed is a schedule C, I am using form 1120

[Critter-3]

If this is your first time filing one I highly recommend you seek local professional assistance to get educated or read the 1120 instructions.  In the downloaded program you are using you can switch to the FORMS mode and look at the 1120 forms. 

[Critter-3]

Listing vehicle expenses under other deductions is also allowed ...