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Level 2
posted Jan 23, 2021 11:53:44 PM

As soon as I go past the page for selecting the standard deduction on my car (self-employment). The money is removed and my refund goes down. I am eligible for it...

I'm trying to add details for my vehicle used for self-employment (ridesharing). As soon as it shows my standard deduction value and I go to the next screen for vehicle details. The deduction gets removed.

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1 Replies
Expert Alumni
Jan 25, 2021 11:12:22 AM

If you are a rideshare driver you certainly can deduct vehicle cost.  You may not be in the correct version.

 

If you are in the TurboTax Self-Employed software go to:

  • Self-Employed income and expenses
  •  Post your business if you haven't yet, or REVIEW the business.
  • Answer any initial questions.
  • You will come to  Let's get the deductions unique to your  work.
  •  You will now have the option to select expenses.
  • Select Vehicle plus any others that may apply.
  • Scroll to the bottom and CONTINUE.

Now proceed to answer the questions

 

Actual cost vs. Standard Mileage Rate

Posted by:

heavyd41363

 

Vehicle Expense