zonakings
New Member

Deductions & credits

Thanks for the input, can you help me understand what is different about my situation from the one in this post? https://ttlc.intuit.com/community/business-taxes/discussion/partnership-vehicle-deduction/01/633428#...

That thread indicates they can choose to take the vehicle deduction in the partnership return or their personal taxes, right? 

 

Also, since my partnership/business was new last year and has startup costs, We will have a net loss on the business and took no income so the last paragraph of your response seems to apply.