hlecpa
Level 2
 
0 Cheers
RollTide68
Level 8

Just put one on a Schedule c and it took 100%

0 Cheers
Terry53029
Level 14
Level 14

Did you fill out the asset worksheet, and is suv used 100% for business

hlecpa
Level 2

If the vehicle is the asset that is being leased out (Schedule E), should it be reported under "Car and Truck Expense" worksheet or should it be reported under the "Asset Entry" Worksheet?  Maybe that is where my issue is.  

0 Cheers
Terry53029
Level 14
Level 14

You should use car and truck worksheet, but are you saying the truck is leased not owned

0 Cheers
hlecpa
Level 2

Well........I deleted my originally entry and then re-input the details and now it is taking 100% bonus depreciation.  Same input as previously.......not sure what happened but at least it's allowing it.  Thank you for your time!

0 Cheers