2368272
turbotax icon
turbotax icon
cancel
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Yes No
dianeth
Level 1

Mobile Mechanic Mobile Trailer

If an enclosed trailer is being used as a mobile mechnic garage and the expense of the trailer was $10,000, what deductions could be used for that expense in the first year of business (2021)?

 

posted
‎October 27, 2021 10:01 AM
last updated ‎October 27, 2021 10:01 AM
0
1
195
Reply
Bookmark Icon
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
John-H2021
Employee Tax Expert
Employee Tax Expert

Mobile Mechanic Mobile Trailer

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"
‎October 27, 2021 10:15 AM
0
192
Reply
Bookmark Icon

Still have questions?

Questions are answered within a few hours on average.

Post a Question

*Must create login to post

Featured forums
Taxes
Lower Debt
Investing
Self-Employed
All topics

Unlock tailored help options in your account.

Live Assisted: Get answers to all your tax questions! Our experts are available on-demand, no appointment needed. Get help all year long with TurboTax Live Assisted. Explore your options!
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question

Related Content

BrokeLoser
ryantrav
dianeth
dianeth

Did the information on this page answer your question?

thumb-up Yes
thumb-down No
close icon
checkmark

Thank you for helping us improve the TurboTax Community!

Sign in to Turbotax

and start working
on your taxes

File your taxes, your way

Get expert help
or do it yourself.

Get started
close icon
icon help

Access additional help, including our tax experts

Post your question

to receive guidance
from our tax experts and community.

Connect with an expert

Real experts - to help
or even do your taxes for you.

Get started