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Level 1
June 4, 2019
Solved

If I use 1 vehicle for business, but have multiple businesses how do I write off my registration fee?

  • June 4, 2019
  • 1 reply
  • 21 views

Do  I deduct the registration fee for each property. Or do I divide the fee between each home.

Best answer by MichaelL1

You would allocate the registration fees among the businesses is the technical correct way.

However I would not spend too much time allocating based on mileage and just divide by number of businesses and enter that same amount on each one, just as log as only 100% of the fees are listed.

1 reply

MichaelL1
MichaelL1Answer
Level 15
June 4, 2019

You would allocate the registration fees among the businesses is the technical correct way.

However I would not spend too much time allocating based on mileage and just divide by number of businesses and enter that same amount on each one, just as log as only 100% of the fees are listed.