roaming_tony
Returning Member

Deductions & credits

@JoannaB2  Thank you for the reply!  It sounds like I just get to choose which deduction would work best for the mileage vs actual expenses. Do I enter that under "vehicle expenses" on the 1120 s? 

 

Do I make the Section 179 deduction on the 1120s form even if the vehicle is owned personally and not by the S corp? and if so, where do I input that on the Turbo Tax Business edition?