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TurboTax 2023 - Schedule C Part IV - Information On Your Vehicle : Missing Vehicle Info (Bug?)

I use the same vehicle for two different businesses. I use the standard mileage deduction. I am finding this year (TurboTax 2023) that when I fill the vehicle information for each of the two businesses, that the vehicle information is showing up on only one Schedule C.  Further, it shows only the miles for business associated with that Schedule C.  Looking at last year's tax return, the vehicle shows up on each of the two Schedule C's and with the correct mileage for each of the businesses. Has anyone else run into this issue?

 

Note that the correct vehicle deduction amount is taken on each of the Schedule C's but only one has the supporting vehicle information for the deduction.  The other part IV is blank. 

 

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3 Replies
DawnC
Employee Tax Expert

TurboTax 2023 - Schedule C Part IV - Information On Your Vehicle : Missing Vehicle Info (Bug?)

Each Schedule C should have its own Car & Truck Wks.   Go into Forms Mode and pull up one of your Schedule Cs.    Scroll down to Part ll and click on the Quick Zoom button next to Car/Truck Expenses Worksheet.   There should be one of these worksheets for each business that shows how your deduction was calculated.    

 

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TurboTax 2023 - Schedule C Part IV - Information On Your Vehicle : Missing Vehicle Info (Bug?)

The worksheets look correct on both of the schedule C's. That is not surprising to me as I already noted that the vehicle usage deductions are correct for both of the schedule C's. But as I also said, on the first schedule C, the vehicle information section (Part IV) is empty. No vehicle information is filled out. On the second schedule C, the vehicle information section is filled out and correctly shows the mileage for that business.

 

This certainly seems like a bug in the software. Since the software isn't working correctly, I have three possible alternatives.

1-Try to manually fill out the vehicle information on the form in TT. I've not had luck manually filling out forms in the past in TT

2- Drop the car from the second schedule C and add those miles to the first schedule C. Then the vehicle deduction in total would be correct but not correctly reflect each business.

Update : I just tried this, and even though the vehicle is now gone from the second schedule C, it still doesn't show up in part IV of the first schedule C.  The deduction is there, but no vehicle information.

 

3- Manually fill out all the forms and file by mail. This I'm NOT going to do.

 

The frustrating thing is that the software worked correctly last year.

TurboTax 2023 - Schedule C Part IV - Information On Your Vehicle : Missing Vehicle Info (Bug?)

Problem is SOLVED. There is no bug

 

Schedule C Section IV only needs to be filled out if there isn't a form 4562 for that business. The first business has a form 4562 so the vehicle information is present there. Last year form 4562 was not needed for the business so Schedule C Section IV was filled out. 

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