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What is recovery period for rideshare driving?

In Schedule C (Rideshare Driving), form asks for Recovery period must be entered. Does this mean by miles, months, weeks?
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1 Reply
JamesG1
Expert Alumni

What is recovery period for rideshare driving?

Are you referring to a recovery period over which to depreciate a vehicle that is used in the Rideshare business?  If so, the answer is likely five years.

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