John-H2021
Expert Alumni

Self employed

Hi again Dianeth,

 

For the trailer you would depreciate the cost of the trailer over several years.

 

Also here is a Mechanic's guide to tax deductions that you may find useful

 

https://turbotax.intuit.com/tax-tips/self-employment-taxes/a-mechanics-guide-to-tax-deductions/L3u40...

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"