2007-02-22 04:21:24 · 6 answers · asked by hahaman 1 in Business & Finance ➔ Taxes ➔ Other - Taxes
Only if the vehicle is used for business and only if you use the actual expense method, not the mileage rate method. Otherwise it's not deductible.
2007-02-22 04:37:37 · answer #1 · answered by Bostonian In MO 7 · 1⤊ 1⤋
Only if the vehicle is used for business, then it can be expensed as auto expense, unless you take the standard mileage rate, which includes cost of repairs and depreciation.
2007-02-22 18:13:28 · answer #2 · answered by crazydave 7 · 0⤊ 0⤋
Only if you're claiming depreciation on a vehicle used for business and paid jiffy lube to do your oil changes.
2007-02-22 12:25:45 · answer #3 · answered by Carlover29 3 · 0⤊ 3⤋
If you drive your personal car back and forth to work only, no it's not, but if you actually use it to conduct business (sales route, deliveries, etc), oil changes, repairs, and mileage are all tax deductible
2007-02-22 12:30:11 · answer #4 · answered by beetlejuice49423 5 · 0⤊ 1⤋
If you are itemizing your taxes, you have the choice of deducting sales tax paid for the year or the amount of state and city income tax withheld. Unless you bought some really expensive stuff or your state does not have an income tax, you are better off itemizing your income tax withheld
2007-02-22 12:26:50 · answer #5 · answered by potatochip 7 · 0⤊ 4⤋
You need to give more information in order to get an accurate response.
2007-02-22 12:37:17 · answer #6 · answered by R Worth 4 · 0⤊ 1⤋