DawnC
Expert Alumni

Deductions & credits

Yes, you can.  But the entry is in the expense section.   TurboTax will walk you through the vehicle entry.  You will have the option of taking the standard mileage deduction (which includes depreciation)  Or you can take the actual expenses.  In either case, TurboTax will handle reporting the depreciation on the asset.    You will be asked about depreciation when you go through the interview options.  

 

 

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