Sole proprietor has one business for around 4 months of the year, switches to another, uses the same vehicle in both, claiming actual expenses. What entries do I need in ProSeries to allocate depreciation properly between the two businesses?
I wouldn't fight with it. I would just report all of the costs on one schedule C and then add a line on that schedule C with description something like "auto expenses transferred to 2nd sch C" and show a negative expense there. On the other schedule C show "auto expenses transferred from 1st sch C" and report the same amount as a positive number there.
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