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Get your taxes done using TurboTax
Did you enter it as 100% business use?
[EDIT: See comment below.] Did you use Bonus Depreciation last year? If so, that is likely the problem and the program is likely correct. The last I checked, the projections were not correctly factoring in one of the rules for vehicles under 6000 pounds.
EDIT: Wait, based on the number $11,700, I just realized that this vehicle must have been placed in service in 2022, so my previous though may be not the problem. Did you use Section 179 for the vehicle in 2022? Did you elect out of Bonus Depreciation?
‎November 1, 2025
10:56 AM