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zheiser11
New Member

Can I write off a car on a 1099 and W-2? Or can I only write it off on one of them.

 
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1 Reply
KarenM90
Intuit Alumni

Can I write off a car on a 1099 and W-2? Or can I only write it off on one of them.

Unreimbursed auto expenses are no longer deductible except for military and a few other limited exceptions. Please see this link for more details:  Unreimbursed Employee Business Expenses.

 

Self Employed Individuals can deduct Auto Expenses and the 179 Expensing election is allowed for certain business vehicles.

 

 In general Heavy Vehicles qualify for a 100% first-year bonus depreciation, while expensing for passenger vehicles is more limited.  

 

TurboTax will walk you through the applicable deduction when you enter the asset in the Self Employed section.

 

 

 

 

 

 

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