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actual expense method

How do I know if I used actual expenses method before? the "note" states if you used it the first year, you MUST use that method the entire time you use the vehicle for business.

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AmyC
Expert Alumni

actual expense method

If you have mileage claimed, it was standard. If you see a list of gas, oil, repairs, etc, it was actual.

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4 Replies

actual expense method

you'll have to go back to the return for the year when you first reported the vehicle 

actual expense method

Thanks, but when I open that file, how do I find that information? 

AmyC
Expert Alumni

actual expense method

If you have mileage claimed, it was standard. If you see a list of gas, oil, repairs, etc, it was actual.

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

actual expense method

Thanks SO much, Amy ... have a great rest of the day and week ... stay safe and healthy!!  k

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