3099420
I previously used a CPA to do the taxes. Took over this year and am using TurboTax Home and Business. When I go to enter it as a vehicle it is trying to force me to enter mileage. There is no option to get around that. I just wanted to enter expenses such as gas, oil changes, repairs but it won't allow me to get past the mileage questions. I did not keep a log of miles driven since I am just using expenses. I don't know starting and ending mileage. Where do I list the box truck vehicle expenses if not in the vehicle section?
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You MUST enter the mileage even if you use the actual expenses option.
The program needs to know the number of business miles and the number of total miles (business and personal) during the year. That is used to calculate the business percentage. Those numbers are also generally required to be on the tax return itself.
That applies whether you use the "Standard Mileage Rate" or if you use the Actual Expenses. You still need to number the number of miles.
You MUST enter the mileage even if you use the actual expenses option.
But I’m not claiming mileage expenses since this is a business owned truck that is fully depreciated. I’m only claiming actual expenses for the year so I didn’t keep track of any mileage like I do for personal vehicles that are also used for business too. Why would I have to keep track of mileage when I’m not claiming any mileage expense?
The program needs to know the number of business miles and the number of total miles (business and personal) during the year. That is used to calculate the business percentage. Those numbers are also generally required to be on the tax return itself.
That applies whether you use the "Standard Mileage Rate" or if you use the Actual Expenses. You still need to number the number of miles.
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