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Get your taxes done using TurboTax
Found an obvious error in TurboTax Home and Business 2020
Under Schedule C, Car and Truck Wks
Computes business use % wrong
5c. Total miles vehicle was driven in 2020 = 2055
6. Number of miles driven for business = 2055
9. Percentage of business use 66.67%
I believe the business logic is confused. I sold the car on 8/21/20 so
10b. Months for special allocation = 8
which I think is incorrectly being used to compute #9.
March 1, 2021
2:29 PM