- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Business & farm
Did the vehicle transfer over or are you entering it as a new vehicle? If the vehicle transferred over, then it should not be trying to depreciate it again.
If however, you are entering it as a new vehicle, then be sure to enter the date that you placed it in service correctly, then you will get a question asking "How much did you deduct for Section 179 business use of this vehicle" Here you will enter that amount and you will not get another depreciation deduction.
**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"
March 28, 2025
7:13 AM