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Partnership Vehicle Expenses
I have a partnership and I am filling out my first 1065.
I use a vehicle that is in my name and not my personal name for business reasons. Do I need to fill out the expenses when filing the 1065 or can I just deal with that on my personal tax return? If so, would I be filling out a schedule C for those expenses? If that is the case, I would be filling out a Schedule K and Schedule C for the same business.
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‎January 30, 2022
4:33 PM