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Deductions & credits
Both the dump truck and the cargo van are reported in the business expenses section, more specifically in the "Business Vehicle Expenses" section. Period. End of Story.
I guarantee you that both vehicles meet one of the selections in the pull down menu. The selections are:
- Auto under 6000 lbs
- Light Truck, Van, SUV under 6000 lbs. This could be your cargo van
- Truck or Van over 6000 lbs. This could be the dump truck
- Heavy SUV over 6000 lbs
- Heavy Truck over 13,000 lbs This could be your dump truck, if it's a big one
- Truck/Tractor for over the road use.
July 6, 2020
3:24 PM