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jimmyhopkins05
New Member

Can i buy a truck before April 15, 2023, and deduct it from my 2022 taxes?

 
posted
‎January 30, 2023 1:48 PM
last updated ‎January 30, 2023 1:48 PM
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Opus 17
Level 15
Level 15

Can i buy a truck before April 15, 2023, and deduct it from my 2022 taxes?

No.

‎January 30, 2023 1:57 PM
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MinhT1
Employee Tax Expert
Employee Tax Expert

Can i buy a truck before April 15, 2023, and deduct it from my 2022 taxes?

No.

 

You can only deduct vehicle expenses from the date the vehicle is placed in service in your business.

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‎January 30, 2023 1:58 PM
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