You'll need to sign in or create an account to connect with an expert.
You can deduct, not depreciate the cost of the extended warranties and gap insurance in proportion to the percent of usage of your vehicle for work.
You would need TurboTax Home & Business CD/Download or TurboTax Self-Employed Online to enter your business expenses in your Schedule C.
For Home & Business
Sign into TurboTax
Go to search box and enter schedule c and click find
For Self-Employed
Sign into TurboTax
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
kevin167
New Member
justintccasey
New Member
patrishwalls
New Member
mjayanthr
New Member
denisegvw
Level 1