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Single member LLC, change from leased to owned vehicle
I have a single member LLC and I had a leased vehicle that I used for both business and personal use. The lease ended this tax year and I purchased the vehicle outright (no loan) and continued business and personal usage. How do I reflect the change in vehicle ownership in TurboTax so that I can claim vehicle expenses for both the leased and owned periods?
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‎January 3, 2020
12:26 PM