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ejy
New Member

We used our truck both for personal and business but failed to claim it's extended warranty for 3 years, can we carry it over for the next tax year?

 
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Accepted Solutions
TurboTaxLynda
Intuit Alumni

We used our truck both for personal and business but failed to claim it's extended warranty for 3 years, can we carry it over for the next tax year?

If that expense was not claimed in the year it was paid for, then you have to do an adjustment for each year you want to claim.

https://turbotax.community.intuit.ca/replies/2647992

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3 Replies
TurboTaxLynda
Intuit Alumni

We used our truck both for personal and business but failed to claim it's extended warranty for 3 years, can we carry it over for the next tax year?

If that expense was not claimed in the year it was paid for, then you have to do an adjustment for each year you want to claim.

https://turbotax.community.intuit.ca/replies/2647992

ejy
New Member

We used our truck both for personal and business but failed to claim it's extended warranty for 3 years, can we carry it over for the next tax year?

Thank you for your answer.
TurboTaxLynda
Intuit Alumni

We used our truck both for personal and business but failed to claim it's extended warranty for 3 years, can we carry it over for the next tax year?

Glad we could help!