Deductions & credits
When you enter the vehicle, you will be able to indicate how much Section 179 expense you'd like to take.
Here are the steps in TurboTax Online:
- Navigate to Federal > Wages & Income > Self-employment income and expenses
- Edit your business
- Choose add expenses for this work
- Choose Vehicle and Continue
- Vehicle now appears in the list of expenses, choose the pencil icon to the right of vehicle expenses
- Answer the interview questions about the vehicle, and enter the related expenses.
- Continue through interview, answering the date you bought the vehicle in 2024. You will come to a screen How much do you want to deduct for the business use of this vehicle? where you can claim Section 179 expense.
