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MGC94
Level 7
March 17, 2022
Question

Car deprecation

  • March 17, 2022
  • 1 reply
  • 12 views

2020 took the big deprecation on new car purchase. 2021 I have to do actual expense, correct? 

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1 reply

Just-Lisa-Now-
Intuit Community Champion
March 17, 2022

Correct.  You're stuck with actual expenses until that car is no longer used in business.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪