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Deductions & credits
When you add your vehicle as an asset in TurboTax Business, there is an election screen for the Special 50% Election for first year depreciation.
The response trigger is a Yes/No answer at the bottom of the screen.
Revisit this screen and verify the response is Yes and then continue through the interview until you reach a screen to respond Done.
‎February 28, 2021
4:38 PM