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Deductions & credits
Please allow me to provide more detailed information. I bought a new vehicle in August 2020 to use as a delivery car for a pizza business that I work for (a W-2 employer). The car was bought as a personal vehicle and for delivering pizzas. I changed jobs in October of 2021, and the vehicle is not only used for personal use. The vehicle was used for deliveries from January 1st through October 15th of 2021. When I put the expenses into Turbo Tax, it asks if I sold it or took it out of service, and then asks how much I got from the sale. I put in $0.00 since I didn't sell it (only personal use now), but it doesn't appear that Turbo Tax recognizes my expenses for the time period I used it for business.
March 7, 2022
10:11 AM