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Get your taxes done using TurboTax
Hi,
So I'm changing cars mid year and also considering changing tax method from mileage to actual expenses. The old car used the mileage and I answered the mileage for the year, both halves. Then the new car took down my expenses that was about a half year's worth. Then it said I should use the mileage because my write off would be larger. I'm not sure if it is comparing 1/2 year of expenses with a whole year of mileage? I know I have to choose one of those methods for the remaining life of the car. Does Turbo tax know how to alter the mileage for an apples to apples comparison?
‎January 21, 2023
2:56 PM