Yes. When you enter your mileage information for each business, the program will calculate that business' percentage of your total mileage and apply that percent to your interest expense to determine that businesses deduction. For example, let's say your total mileage for the year was 30,000, and each business was 10,000. If interest on your car loan was $6,000, the program would calculate a $2,000 interest deduction for each business.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"