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How do a change the inclusion amount in my schedule c car worksheet

 
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2 Replies
JotikaT2
Employee Tax Expert

How do a change the inclusion amount in my schedule c car worksheet

To compute your auto inclusion amounts:

 

  1. Select the Federal section in the left panel
  2. Select "Income & Expenses"
  3. Select "Self Employment income & expenses"
  4. Select "Edit" to the right of the business which has the auto
  5. Select "Edit" next to vehicle
  6. Continue through screens until you see "Enter the lease expenses for your car"
  7. Enter your lease payments and if applicable, the Fair Market Value(FMV) of your car

 

Auto lease inclusion input 

 

TurboTax will compute your inclusion amount based upon the applicable tables and rates for your car.

 

[Edited 01/23/2020|10:59am PST]

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How do a change the inclusion amount in my schedule c car worksheet

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