I bought a new car in Jan. 2016 and I use it conducting business for our rental properties. Turbo tax recommended using actual expenses giving me a deduction of $11,909, with total vehicle deduction of $12,611. I chose using actual expenses and yet Turbo Tax entered the standard mileage rate of $3623. Vehicle is used more than 50% in business. Why am I being forced to use the standard mileage rate when Turbo Tax recommends using actual expenses? How do I override Turbo Tax so I can use the actual expenses?
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Try this to resolve a forced standard mileage deduction in TurboTax. Please let me know in the comment section.
From the Business topic heading, click "update" for Business Income and Expenses (little red briefcase icon)
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