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llex
New Member

Taxes

I drove for Amazon Flex in 2022. I  depreciated my vehicle using the DB method. 

 

In 2023, I drove for Amazon Flex, and I picked up another delivery side job using the same vehicle.

However, because I used the same vehicle, I had to add the mileage for the second job as personal mileage, and now it appears that I fell below 50% at Amazon Flex. It is requiring me to take a depreciation recapture. Which would change my depreciation method to SL and claim the difference as income. However, it is still using DB for the second job since it is above 50%. Also, I didn't take 179 last year, but I want to take it this year.  Can I do that? What should I do? How do I resolve this issue?

 

Thanks! 

 

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1 Reply
ThomasM125
Expert Alumni

Taxes

I think you mean that you are being paid as a subcontractor so your income is reported on a 1099-NEC form. If so, you can combine both jobs and enter them as one business in TurboTax. That is the way it should be done, as you are performing the same service, just for two companies. If so, you would add all of your business mileage and make one entry for the vehicle in TurboTax.

 

If you mean that one  or both of the jobs pays you as a salary worker with a W-2 form, you can't deduct the vehicle use for that job. So, at a minimum, you would only be reporting one set of entries for the vehicle use.

 

You can only take a section 179 expensing election in the year that you purchase the vehicle.

 

 

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