- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
If you're entering this vehicle for the first time this year, you should accept the prior depreciation that TurboTax calculates for you. The question is not how much depreciation expense you have claimed, but how much depreciation should have already been taken for this asset.
You can return to the vehicle entry topic and review the depreciation questions again. Then accept the value the program offers.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎April 15, 2025
1:43 PM