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Deductions & credits
Setup the business profile first if 2023 was the business's first year.
Select EDIT for that business
Scroll down to "Business Expenses"
Scroll down under that to "Business Vehicle Expenses" START or UPDATE
Select "Add a Vehicle"
Continue through the interview to add the vehicle, costs, and take a different depreciation (such as Bonus Depreciation) if eligible.
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‎April 11, 2024
5:51 PM