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Deductions & credits
Hello, there is a big problem. I just spent close to an hour on the phone with TT help who had access to view my PC screen. TT Business does not offer chance to add or delete vehicles, nor does it offer to use mileage for vehicles. I have used TT Business for about 6yrs. There is a help drop down box that says only actual expenses can be used. 6 years ago I thought that meant that TT Business cannot use mileage so for all of those years I paid higher taxes not deducting my business vehicle expenses. Now we are learning that TT Business has a big problem for many years. As others have said very clearly, this is not a problem of selecting Actual Expenses the first year because the choice was never offered and the vehicle is not in the tax file. My 1st business vehicle was totaled years ago, I'm on the third new business use vehicles and none are in my tax file because there is never an option to add them. I have deductible vehicles associated with my 1040 filings for some 20yrs, I know all of those details very well......they are missing in TT Business, Form 1065.
Understand this and read the other TT Business stnd mileage questions, these are the details, not wrong selection 1st year.