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posted May 31, 2019 10:07:19 PM

Form 2106: Vehicle Expenses: What does "Less than 5 at a time" mean? Less than 5 of what exactly?

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Level 9
May 31, 2019 10:07:19 PM

It means "Are you using 5 or fewer cars for the expenses?" (Drive different cars)  The rules for deducting are different if you use more than 5 cars.  It usually applies more to a small business that has employees but the IRS requires you to answer.

1 Replies
Level 9
May 31, 2019 10:07:19 PM

It means "Are you using 5 or fewer cars for the expenses?" (Drive different cars)  The rules for deducting are different if you use more than 5 cars.  It usually applies more to a small business that has employees but the IRS requires you to answer.