How do I carry over the mileage listed in the 2023 version of Home & Businss to the 2024 Deluxe version? The 2024 Deluxe version is reporting an error that "the beginning mileage is too large. Beginning mileage reading cannot exceed ending mileage reading." I verified the ending mileage reported from my 2023 taxes. The beginning 2024 mileage is also correct, but I continue to get a red flag/fix error statement. Help! @mileage
You should be able to change the beginning and ending mileage by editing the vehicle in question. Be sure that the beginning mileage number matches the ending number from last year. Then enter your ending mileage for this year. The difference will be the miles used with the standard mileage rate to calculate your vehicle expense for the year.
To find this, go to your business expenses list and edit "Vehicle Expense" (or Vehicle, or Cars, Truck, and other vehicles - depending on your version of TurboTax). Edit the vehicle you need to work on.