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New Member
posted Mar 5, 2024 3:54:27 PM

Vehicle expenses for self-employment

I have entered vehicle expenses for self-employment but the vehicle expense line is showing zero on the expense summary page. Any idea why?

0 4 1237
4 Replies
New Member
Mar 5, 2024 3:59:42 PM

i should add that I am completing 2022 taxes!

Moderator
Mar 5, 2024 5:16:05 PM

Are you using TurboTax CD/Download or TurboTax Online?

New Member
Apr 29, 2024 9:53:26 AM

Hi,

I am back trying to complete these 2022 taxes. I am using the online version.

Can you please tell me why the vehicle expenses are showing zero on the summary page even though I have entered vehicle expenses ?

Moderator
Apr 29, 2024 12:02:45 PM

When you entered your vehicle expenses did you click the button that says "Add a vehicle for business use" or the one that says "Add a vehicle for @tbacon4"?  If you used the business use button, then that will show on the self-employment or business summary page as vehicle expenses. If you used the other button, then it will put the expenses on the "Deduction from your share" line. Both will be deducted from your self-employment income, but the section option is meant for use if you are in a partnership, but the car is only used by you (not the other partners).