turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Event: Ask the Experts about your refund > RSVP NOW!
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

mgoodheim
New Member

When can I switch methods for auto expense deduction on my business return?

I started leasing a car in the middle of the year.  I have used the mileage deduction on my old car, but wish to switch to actual expenses (apportioned by business mileage use) with the leased car - is this permissible?

Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

3 Replies
Critter1
New Member

When can I switch methods for auto expense deduction on my business return?

You get to choose which method you will use each time you add a vehicle. But remember if you start with actual expenses you must always use that method for that car. If you start with the mileage option you are allowed to switch back and forth if you wish.

When can I switch methods for auto expense deduction on my business return?

is this still accurate for 2016 tax year?

When can I switch methods for auto expense deduction on my business return?

Yes.
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies