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Anonymous
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Where do I enter a rental truck used for business that was not a startup cost?

This cost was incurred during a move from one home office to another, thus not at the start of my business in 2016
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Patrice
New Member

Where do I enter a rental truck used for business that was not a startup cost?

If you are self-employed or a freelancer, you will enter the expenses under Business expenses. After you enter information for your business, the software will take you to the summary screen. Here you will enter your information using the actual expenses. The screen will allow you to enter additional information. 

  1. In TurboTax Deluxe, Premier, go to Federal Taxes or In Home and Business, go to Business tab- then Continue
  2. Choose Explore on my own or I'll choose what to work on (if it appears)
  3. Scroll down to Business Income and Expenses - Click the Start or Update button
  4. If needed, answer the interview questions regarding your business. After completion, you the TurboTax will move you to the Business Summary screen.
  5. From here you can edit information for your business that includes the Business
  6. Profile, Income, Expenses, etc. 
  7. Enter the rental truck expenses in the "Other Common Business Expenses" section under the "Rental Expenses" section.

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1 Reply
Patrice
New Member

Where do I enter a rental truck used for business that was not a startup cost?

If you are self-employed or a freelancer, you will enter the expenses under Business expenses. After you enter information for your business, the software will take you to the summary screen. Here you will enter your information using the actual expenses. The screen will allow you to enter additional information. 

  1. In TurboTax Deluxe, Premier, go to Federal Taxes or In Home and Business, go to Business tab- then Continue
  2. Choose Explore on my own or I'll choose what to work on (if it appears)
  3. Scroll down to Business Income and Expenses - Click the Start or Update button
  4. If needed, answer the interview questions regarding your business. After completion, you the TurboTax will move you to the Business Summary screen.
  5. From here you can edit information for your business that includes the Business
  6. Profile, Income, Expenses, etc. 
  7. Enter the rental truck expenses in the "Other Common Business Expenses" section under the "Rental Expenses" section.
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