As I have mentioned elsewhere in earlier threads that I have posted, I have two small side businesses: dog-sitting/walking/house-sitting and eBay sales (of items from our extended family). Last year these collectively made about $500. I only use my car mainly for the dog-/house-sitting business and not for the eBay business, which I can mail packages by placing them in my mailbox for the postal carrier to pick up, or I can drop them off at post offices on my way to and from jobsites. But, for some reason, under the "ebay sales," Turbotax put in this deprecition/amortization with large million dollar values. How did these get there? There are no such values listed under the dog-/house-sitting side gig, even though that is the purpose for which I use my car.
Do I need a Form 4562? And how should I handle it.
My car is a 20-year old Ford, which I purchased used in 2018. It is still my daily driver for my main W-2 job.
Thanks.
Irasaco
