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Troubleshooting
As per TurboTax, if you use your vehicle for both business and personal use you can only claim the percentage of CCA that is directly related to business use. If you use the vehicle 40% of the time to earn income, then you can only claim 40% of the allowable CCA claim for that year.
- From the menu, select Income, then Self-Employment, and then Self-Employment Intro
- Fill in your information, selecting Continue as you finish each screen
- When you arrive at the Did you have any work-related vehicle expenses? screen, select Yes, then Continue
- You'll be brought to Your Vehicle Expenses Summary. Select Add a Vehicle for Business Use
- Fill out applicable information on the form provided, then select Continue
- You'll be brought back to Your Vehicle Expenses Summary. Select Done with Vehicles
Note: When filling out the form from step 5 of the instructions, be sure to put 10% of your total kilometers driven during tax year under total kilometeres driven in order to earn income. This will tell the software that 10% is for business use and 90% is for personal use.
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‎April 17, 2023
10:39 AM