DianeC958
Expert Alumni

Get your taxes done using TurboTax

Yes, you can report the car on your personal return as Unreimbursed Partnership Expenses in the K-1 section of TurboTax and have the car registered in your name.

 

Since the car is less than 50% business use  you would take mileage expense.  For 2019 the mileage rate is 58 cents per mile.  

 

You do need to have a mileage log that shows the date, business purposes and number of miles driven.

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