MichaelMc
New Member

Business & farm

Under Business Income & Expenses, after the questions about vehicles, you will find a screen that says, "Let's write off some business expenses." Scroll down to Rental Expenses and click the Start button. Enter a description and annual lease payment/ rent amount. Do not feel compelled to enter each leased item. Similar items on a single lease contract can be reported together. Just be sure you keep documentation to support each line item.