K M W
Employee Tax Expert

Business & farm

Hi, CliffG!

 

To get the vehicles on your schedule C, you would have to add them manually. There is not a way to "move" a vehicle detail from one Schedule C to a different Schedule C automatically through the system.

 

Once you add them to the Schedule C for your business, you would be able to go through the data entry and specify whether you want to take actual expenses or standard mileage.  To use the standard mileage rate for an automobile owned by the taxpayer, the standard mileage rate must be used in the first year the auto is available for use in the taxpayer's business.  In subsequent years you can choose to use either the standard mileage rate or actual expenses. The choice to use the standard mileage rate must be made by the due date of the return, including extensions.

 

If you choose to use actual expenses in the first year, you must use actual expenses for all subsequent years.

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