Drake Tax - 1120-S: Entering Mileage

Article #: 13746

Last Updated: October 21, 2024

 


Tags: Drake Tax 1120S

Drake Tax logo

Where to enter mileage in an S corporation return

In an 1120S return, mileage expense can be entered as Automobile and truck expense on the DED screen (on the General tab).

Image of "Automobile and truck expense" field on screen DED

If you complete Form 4562 outside of Drake and want to enter the information directly on the form, actual mileage can be entered on override screen 9 (on the Assets-Sales-Recapture tab under the Depreciable Assets section).

Starting in Drake23, screen AUTO can be used to enter details for vehicle expenses. Page Down to enter details for each vehicle on a new screen and generate Wks Auto in view.