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2012 Auto Expense Worksheet Your social security number Name’s) as shown on return Profession×Business Description Date placed in service Number of miles your vehicle was used for: .............................
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How to fill out date placed in service:

01
Start by locating the date placed in service field on the form or document you are working with. It is usually found in the section related to employment or service history.
02
Enter the specific date when you officially started your service or employment. This could be the date mentioned in your employment contract or the date you were hired.
03
Make sure to accurately input the day, month, and year of your start date. Be careful not to confuse it with other dates such as the date you submitted the form or the current date.
04
If you are uncertain about the exact date of your start, consult your employer or refer to any employment-related documents you may have received.
05
Double-check your entries for accuracy and ensure that the format of the date is consistent with the given instructions (e.g., DD/MM/YYYY or MM/DD/YYYY).

Who needs date placed in service:

01
Employers: Employers often require the date placed in service as part of their employment records and to verify employment history. It helps them track the duration of an employee's service and calculate benefits, promotions, or retirement eligibility.
02
Government Agencies: Government agencies may request the date placed in service when processing employee-related paperwork, benefits, or determining eligibility for certain programs.
03
Insurance Companies: Insurance companies may require the date placed in service for accurate coverage determination, especially in cases where employment history affects policy terms or benefits.
04
Financial Institutions: Some financial institutions may ask for the date placed in service to verify employment tenure when considering loan applications, mortgage approvals, or credit evaluations.
05
Auditors: In cases of financial audits or internal reviews, auditors may request the date placed in service to ensure compliance with employment regulations, financial reporting, or tax requirements.
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Date placed in service refers to the date when a property or asset is ready and available for its intended use.
Taxpayers or businesses who own or lease assets that are placed in service during the tax year are required to file date placed in service.
Date placed in service can be filled out by providing the specific date when the property or asset was put into use.
The purpose of date placed in service is to determine the eligibility for depreciation deductions and other tax benefits related to the asset.
The information that must be reported on date placed in service includes the description of the asset, its acquisition date, and the date it was placed in service.
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