Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Oct 29, 2019 5:49:58 PM

How to record MV Expenses when changed car during year?

Entering my motor vehicle expenses but I changed cars in March.

Do I enter the mileage driven for each vehicle in the year?

Or do I enter total mileage for the year (equal entry for both vehicles)?

0 3 1616
1 Best answer
Level 6
Oct 29, 2019 5:50:02 PM

Prorate your mileage over each vehicle. In other words, enter the same total for each vehicle,
but claim prorated usage.

Lets say you claim 50% of your mileage is business, and of that, 25% was incurred on vehicle 1 and the rest on vehicle 2. So if your annual total is 30,000..
Vehicle 1 business use is 30,000 x 0.5 x 0.25 = 3750
Vehicle 2 business use is 30,000 x 0.5 x 0.75 = 11,250

3 Replies
New Member
Oct 29, 2019 5:50:00 PM

I assume I prorate the total kilometers driven for that year as well so I end up with the right ratio on the worksheet? So on each worksheet total kms driven for Vehicle 1 is 7500, and Vehcile 2 is 22500 - giving me the 50% ratio for each vehicle.

Level 6
Oct 29, 2019 5:50:01 PM

That should work. Btw the 50% was just for my example. You should use whatever is appropriate for your situation as an employment expense or business use.

Level 6
Oct 29, 2019 5:50:02 PM

Prorate your mileage over each vehicle. In other words, enter the same total for each vehicle,
but claim prorated usage.

Lets say you claim 50% of your mileage is business, and of that, 25% was incurred on vehicle 1 and the rest on vehicle 2. So if your annual total is 30,000..
Vehicle 1 business use is 30,000 x 0.5 x 0.25 = 3750
Vehicle 2 business use is 30,000 x 0.5 x 0.75 = 11,250