PatriciaV
Expert Alumni

Deductions & credits

No, enter the vehicle information under Vehicle section of your business (cars, trucks, and other vehicle expenses). Do not enter this as an asset - the advice given back last year was incorrect.

 

If you want to claim Section 179 depreciation, be sure to choose Actual Expenses and not the Standard Mileage deduction.

 

@arlenefernandez 

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