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How do I claim two leased vehicles in a year on Form T777?

by TurboTax• Updated 1 week ago

To claim two or more leased vehicles on your return, you must complete a Statement of Employment Expenses (T777) for each individual vehicle claim.

Follow the instructions for your edition of TurboTax:

  1. From the Tax home screen, under Add to your return, enter employment, and select Employment expenses.
  2. At the Employment Expenses screen, if you meet the conditions, select Yes.
  3. At the Emloyment Expenses Profile screen:
    • Indicate that you have Form T2200 signed by your employer. (You can’t claim employment expenses if you don’t have it.)
  4. Check the box for Motor Vehicle Expenses and answer the questions.
  5. At the Employment Related Driving screen, enter the information for the first leased vehicle.
  6. When you're done, select Enter Another Vehicle.
  7. Repeat Steps 10 and 11 as applicable, then select Done With Vehicle.
  1. Select Find, enter employment in the search bar, select Employment expenses, and select Go.
  2. At the Employment expenses screen, if the conditions apply to you, select Yes. (If you're preparing a spousal return, indicate who incurred the expenses).
  3. At the Employment Expense Profile screen, check the boxes for Motor Vehicle Expenses and Leased Automobile during the year, and any other applicable checkboxes, then continue.
  4. At the Employment Related Driving screen, enter the required vehicle and mileage info for the first vehicle, and continue.
  5. At the Lease Sales Tax on Your Automobile screen, indicate the sales tax status of the lease and continue.
  6. At the Details of Your Lease screen, enter the information for the first leased vehicle.
  7. When you reach the More than One Employer screen, select Yes.
  8. Repeat Steps 3 through 6 for the second vehicle, then select Done With Employment Expenses.
  1. From the Toolbar, select Forms. The Form Lookup box opens.
  2. In the Keyword to search for field, enter T777.
  3. Select T777 (1), then OK.
  4. Enter the information for the first leased vehicle.
  5. Repeat Steps 1 and 2.
  6. Select T777 (2).
  7. Enter the information for the second leased vehicle.

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