It seems like a common question but I cannot find anyone else asking it and receiving any answers: where do I input the cost/expense of a new vehicle purchase for my LLC in turbotax home & business? a second question to that below, since cost will be split over two separate years:
- I put a down payment on this new vehicle in 2021 of $28k. The vehicle, its a work truck, total is $130k (I will pay remainder in full in 2022). How do I input the 28k DP in 2021 without turbotax thinking that's the full cost of the truck?
