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Deductions & credits
Very helpful, thank you! I would add that if you follow the steps outlined above and never see an option to take the Section 179 write-off, it is because you don't qualify for it. This may be because you did not use the vehicle for business at least 50% of the time (based on the mileage you entered), or for some other reason. It would be nice if Turbo Tax would tell you that somewhere, but it doesn't.
‎April 18, 2023
6:05 AM