How do I enter business use of a moped/motorcycle on Schedule C?

[bhelmke]

The Car and Truck Expenses Worksheet for Schedule C does not list motorcycle as a vehicle type. Should I enter the moped as a listed asset rather than as a vehicle? I know I must enter actual expenses rather than a mileage rate.

[TaxGuyBill · Accepted solution]

Yes, enter it as an Asset, and the enter the actual expenses elsewhere on Schedule C (such as Supplies or "other" expenses).