Solved: For my %100 buisness use vehicle, am I putting the full financed amount (when I financed under buisness) or am I putting the amount still owed at end of the year?

For my %100 buisness use vehicle, am I putting the full financed amount (when I financed under buisness) or am I putting the amount still owed at end of the year?

%100 buisness vehicle
Cargo van freight delivery
%0 personal use
Financed monthly payments

posted

When entering the asset for depreciation purposes you enter the TOTAL cost basis when purchased. Then you will also get to deduct the interest paid on the loan.

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When entering the asset for depreciation purposes you enter the TOTAL cost basis when purchased. Then you will also get to deduct the interest paid on the loan.

The system will not allow ,me to enter a 1099 R from the Defense Finance and Accounting Service. When I click on the magnifying glass next to Defense Finance and Accounting Service the system brings up the Charles Swab info. Help!

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For my %100 buisness use vehicle, am I putting the full financed amount (when I financed under buisness) or am I putting the amount still owed at end of the year?

For my %100 buisness use vehicle, am I putting the full financed amount (when I financed under buisness) or am I putting the amount still owed at end of the year?

For my %100 buisness use vehicle, am I putting the full financed amount (when I financed under buisness) or am I putting the amount still owed at end of the year?

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For my %100 buisness use vehicle, am I putting the full financed amount (when I financed under buisness) or am I putting the amount still owed at end of the year?

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For my %100 buisness use vehicle, am I putting the full financed amount (when I financed under buisness) or am I putting the amount still owed at end of the year?

For my %100 buisness use vehicle, am I putting the full financed amount (when I financed under buisness) or am I putting the amount still owed at end of the year?

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