mjpra2010
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Hi Thomas,I started using this vehicle for business in Jan 2020, the miles for business is 5200, and 5200 * 0.27 = 1404. So I will enter 5200 for both Prior dep...
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Hi Kris, Thank you for the explanation! The vehicle is 80% use for business and purchase price is over $30K, so I don't know how $8080 deduction was calculated...
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Thank you Leonard!I did report the entire 1099 nec as income and enter the cost as a miscellaneous expense in part V.Jenny
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Hi Leonard,Thanks for your advice! I am not sure how to deduct the portion in my commission since the commission was reported on 1099 nec. But I can enter the c...
Activity Feed for mjpra2010
- Got Cheered for Re: AMT prior depreciation. April 13, 2022 4:07 PM
- Posted Re: AMT prior depreciation on Get your taxes done using TurboTax. April 4, 2022 6:38 PM
- Posted AMT prior depreciation on Get your taxes done using TurboTax. April 4, 2022 2:35 PM
- Posted Re: Section 179 deductions on business vehicle on Deductions & credits. March 30, 2022 5:51 AM
- Posted Section 179 deductions on business vehicle on Deductions & credits. March 29, 2022 6:54 PM
- Posted Re: Where to file the expense as a realtor on Get your taxes done using TurboTax. March 28, 2022 2:25 PM
- Cheered Re: Where to file the expense as a realtor for LeonardS. March 28, 2022 2:24 PM
- Cheered Re: Where to file the expense as a realtor for LeonardS. March 28, 2022 2:00 PM
- Posted Re: Where to file the expense as a realtor on Get your taxes done using TurboTax. March 28, 2022 1:56 PM
- Posted Where to file the expense as a realtor on Get your taxes done using TurboTax. March 28, 2022 11:37 AM