I purchased a new vehicle in 2019 and use it for rideshare. Do I enter the property taxes paid in the vehicle purchase every year or just the first year.
You'll need to sign in or create an account to connect with an expert.
If your state imposes a property tax every year that is based on the value of your vehicle, then you would enter the amount every year. The business percentage of the property tax (based on the business miles) will then be deducted as a business expense.
Thank you Annette
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.
jonathancote92
New Member
JandG_Labbe
New Member
davedranginis
New Member
delasalasg
New Member
wlsnbrr
New Member