DaveF1006
Employee Tax Expert

Deductions & credits

Do not use the easy step approach. Follow the directions that Maya provided:

  1. Go to federal>wages and income>go to all income>self employment
  2. Go Self Employment Income and expenses.
  3. Scroll down to Expenses and select vehicle as an expense 
  4. Now is where it will start asking questions about the vehicle.  At some point, it will ask you to enter mileage expense. Go ahead and answer those question but eventually you will reach a screen that says.I want to enter my actual expenses without estimating them first.
  5. then it will ask you questions about how much you spent for oil, gas, repairs etc. Answer those questions.
  6. The next screen begin asking you questions about when you bought the vehicle, rather you bought it brand new etc. Answer those questions.
  7. Eventually you will reach a screen asking how much you purchase the vehicle for. once you record the price, the program will ask if you wish to make a one-time 179 deduction or if you wish to spread the payments.
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