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Get your taxes done using TurboTax
Thanks, I guess I specifically need to know if lines 30-36 on Form 4562 are necessary for S Corp owners deducting actual vehicle expenses. It looks like it is a section where it is trying to gather information on business versus personal use of the vehicle so if I must have it filled out because it is a necessary section for the IRS, I'll keep it. But since I am deducting actual vehicle expenses I wasn't sure if I should take it out so both wouldn't be there. Is there any expert who knows for sure?
This is the last year of depreciation for the vehicle. I am still unclear what forms and worksheets I will stop filling out after that point. I don't want to delete anything that is still necessary. It would be nice if Turbo Tax just didn't include what is unnecessary since it knows I finished depreciating the vehicle the prior year. Has anyone been through this and did the forms automatically fall off following a vehicle's final year of depreciation?