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kadojr
New Member

Can I Depreciate purchase of a food truck?

 
1 Best answer

Accepted Solutions
Marketstar
Level 7

Can I Depreciate purchase of a food truck?

Yes, and you can do so in the following area in TurboTax Self Employed:

Type in schedule c in the search box, top right of your screen

Click on the first category Jump to schedule c link

Follow the prompts and online instructions

Arrive at the Your Business page

Scroll down to the fifth category Business Assets

Click Start or Update

TurboTax will walk you through the depreciation process


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1 Reply
Marketstar
Level 7

Can I Depreciate purchase of a food truck?

Yes, and you can do so in the following area in TurboTax Self Employed:

Type in schedule c in the search box, top right of your screen

Click on the first category Jump to schedule c link

Follow the prompts and online instructions

Arrive at the Your Business page

Scroll down to the fifth category Business Assets

Click Start or Update

TurboTax will walk you through the depreciation process


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