MarilynG1
Expert Alumni

Business & farm

Go to the Rental section of your return.

 

If you have claimed vehicle expenses previously, you may have your vehicle listed 'Vehicle Expenses.'

 

If you don't want to continue claiming Vehicle Expenses for your Rental, you can indicate that your vehicle was 'converted to personal use' in this section. 

 

If you sell the vehicle later (and you previously claimed Vehicle Expenses), enter the Sale Info in 'Sale of Business Property' at that time. 

 

OR, you can leave the Vehicle in the Rental Expense section, and just enter $0 for expenses claimed (or 0 for Business Miles). 

 

Here's some info on Using a Vehicle for Business you may find helpful. 

 

 

 

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