Any info will help. Thanks.
2006-11-02 14:06:52 · 3 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States
You have two different options. You can use the standard mileage rate of 48 1/2 cents per mile, which covers everything; or, you can use actual expenses, which consist of fuel, lease, insurance, licensing, repairs, etc. Once you chose a method you are stuck with it for the life of that vehicle, you can't change from one year to next or anything.
2006-11-03 01:57:36 · answer #1 · answered by acmeraven 7 · 1⤊ 0⤋
If used only for your business, deduct the expenses. If used partially for business partially for personal use, need to keep logs and prorate
2006-11-02 16:25:03 · answer #2 · answered by Judy 7 · 0⤊ 0⤋
Yeah all of the time. i'm going to make creepy faces too. Its hilarious while they see you and that they provide you this look. One time somebody caught their center finger out at me once I waved
2016-11-27 00:34:34 · answer #3 · answered by cegla 4 · 0⤊ 0⤋