topic Where to add my business car details in Turbotax: &quot;Vehicles used by all partners, jointly&quot; or &quot;Vehicles used only by me&quot;? in Investors and rental owners https://turbotax.community.intuit.ca/community/investments-rentals/discussion/where-to-add-my-business-car-details-in-turbotax-vehicles-used-by-all-partners-jointly-or-vehicles/01/919463#M3649 I use my car to run my two businesses and also some personal use which I share with my wife. In TurboTax there are 2 sections to add vehicle expenses. Which one should I use given the above scenario: "Vehicles used by all partners, jointly" or "Vehicles used only by me"?<BR />P.S. My wife is not part of the businesses. Wed, 30 Oct 2019 20:06:55 GMT ferrari488hp 2019-10-30T20:06:55Z Where to add my business car details in Turbotax: "Vehicles used by all partners, jointly" or "Vehicles used only by me"? https://turbotax.community.intuit.ca/community/investments-rentals/discussion/where-to-add-my-business-car-details-in-turbotax-vehicles-used-by-all-partners-jointly-or-vehicles/01/919463#M3649 I use my car to run my two businesses and also some personal use which I share with my wife. In TurboTax there are 2 sections to add vehicle expenses. Which one should I use given the above scenario: "Vehicles used by all partners, jointly" or "Vehicles used only by me"?<BR />P.S. My wife is not part of the businesses. Wed, 30 Oct 2019 20:06:55 GMT https://turbotax.community.intuit.ca/community/investments-rentals/discussion/where-to-add-my-business-car-details-in-turbotax-vehicles-used-by-all-partners-jointly-or-vehicles/01/919463#M3649 ferrari488hp 2019-10-30T20:06:55Z Vehicles used by just me. This distinguishes your vehicle... https://turbotax.community.intuit.ca/community/investments-rentals/discussion/vehicles-used-by-just-me-this-distinguishes-your-vehicle/01/919464#M3650 <P>Vehicles used by just me. This distinguishes your vehicle expenses as just yours and will deduct the expenses from your share of the income (rather than the total income of the business).</P><P>You're going to calculate the business vs personal percentage based on the km driven for business and total km driven in the year (so your wife's&nbsp;km&nbsp;won't be an issue).</P> Wed, 30 Oct 2019 20:06:56 GMT https://turbotax.community.intuit.ca/community/investments-rentals/discussion/vehicles-used-by-just-me-this-distinguishes-your-vehicle/01/919464#M3650 TurboTaxJennifer 2019-10-30T20:06:56Z
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topic Where to add my business car details in Turbotax: &quot;Vehicles used by all partners, jointly&quot; or &quot;Vehicles used only by me&quot;? in Investors and rental owners
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https://turbotax.community.intuit.ca/community/investments-rentals/discussion/where-to-add-my-business-car-details-in-turbotax-vehicles-used-by-all-partners-jointly-or-vehicles/01/919463#M3649
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I use my car to run my two businesses and also some personal use which I share with my wife. In TurboTax there are 2 sections to add vehicle expenses. Which one should I use given the above scenario: "Vehicles used by all partners, jointly" or "Vehicles used only by me"?<BR />P.S. My wife is not part of the businesses.
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Where to add my business car details in Turbotax: "Vehicles used by all partners, jointly" or "Vehicles used only by me"?
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https://turbotax.community.intuit.ca/community/investments-rentals/discussion/where-to-add-my-business-car-details-in-turbotax-vehicles-used-by-all-partners-jointly-or-vehicles/01/919463#M3649
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I use my car to run my two businesses and also some personal use which I share with my wife. In TurboTax there are 2 sections to add vehicle expenses. Which one should I use given the above scenario: "Vehicles used by all partners, jointly" or "Vehicles used only by me"?<BR />P.S. My wife is not part of the businesses.
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Vehicles used by just me. This distinguishes your vehicle...
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<P>Vehicles used by just me. This distinguishes your vehicle expenses as just yours and will deduct the expenses from your share of the income (rather than the total income of the business).</P><P>You're going to calculate the business vs personal percentage based on the km driven for business and total km driven in the year (so your wife's&nbsp;km&nbsp;won't be an issue).</P>
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