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Self-employed
Sorry, I didn't make the question clear. I meant that we bought the car from her in 2020. But I was able to talk to a Turbotax expert yesterday, and he advised me not to claim expenses for that as the title is not yet under our name. We bought the car from a relative (the first owner) and we agreed to assume the balance from the bank, pay the loan amortization, and once we fully paid the loan, that's the time she will transfer the name to us. We only have a signed written agreement for this and we are the designated drivers of the car. All other documents are still under her name.
‎April 11, 2022
12:57 PM