How do I claim two leased vehicles in a year on Form T777?
In order to claim two or more leased vehicles on your return, you must complete a Statement of Employment Expenses (T777) for each individual vehicle claim.
To do so, follow the applicable instructions below based on your edition of TurboTax:
- From the menu, select My Info, then Get Started, and then Continue.
- On the first What happened for you in 20XX? screen, answer Yes to the question, Did you work in 20XX?
- Select the I was employed checkbox.
- Answer Yes to Did you have expenses related to your employment?
- Select any other checkboxes that apply, then select Continue.
- From the upper menu, select Find then search for employment expenses. Select it from the list of results, then select Go.
- On the Employment Expenses screen, select Yes to Does this apply to you? If you're preparing a spousal return, indicate who incurred the expenses.
- On the Employment Expenses Profile, select any applicable checkboxes and then Continue.
- Select the Motor Vehicle Expenses checkbox, then Continue.
- On the Employment Related Driving screen, enter the information for the first leased vehicle.
- When you're done, select Enter Another Vehicle.
- Repeat Steps 10 and 11 as applicable, then select Done With Vehicle.
- From the menu, select PROFILE, then Personal tax profile.
- On the first What happened for you in 20XX? screen, answer Yes to Did you work in 20XX?
- Select the I was employed checkbox.
- Answer Yes to Did you have expenses related to your employment?
- Select any other checkboxes that apply, then select Continue.
- From the upper menu, select Find. Search for employment expenses and select Go.
- On the Employment expenses screen, select Yes to Does this apply to you? (If you're preparing a spousal return, indicate who incurred the expenses).
- On the Employment Expense Profile, select any applicable checkboxes and then Continue.
- Select the Motor Vehicle Expenses checkbox, then Continue.
- On Employment Related Driving and the screens that follow, enter the information for the first leased vehicle.
- When you reach the More than One Employer screen, select Yes.
- Repeat Steps 9 through 11 as applicable, then select Done With Employment Expenses.
- From the Toolbar, select Forms. The Form Lookup box opens.
- In the Keyword to search for field, enter T777.
- Select T777 (1), then OK.
- Enter the information for the first leased vehicle.
- Repeat Steps 1 to 3, but select T777 (2).
- Enter the information for the second leased vehicle.