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vbing5
New Member

Vehicle summary expenses

My vehicle summary shows $11,22 total deduction, but on my Business Vehichle Expense line on Sched C, it drops to $4,441. Why the difference?

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2 Replies
Carl
Level 15

Vehicle summary expenses

A "summary" is exactly that. It provides no detail what-so-ever. Your summary most likely shows what you claimed. The SCH C shows what is "allowed" based on things like having the business income from which to deduct the business expense, percentage of business use, business miles driven as opposed to non-business miles, and the such.

 

vbing5
New Member

Vehicle summary expenses

One vehicle is 100% business use and had expenses of almost 7500. My other vehicle was part business & mostly personal. My deduction is less than my 100% business use vehicle.  My business income is over 100k, so it's not like the vehicle use would make me go negative income.

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