What is the correct way to add the vehicle expenses in my taxes?

Question

I have a partnership with my wife, we own a car and we use it for business. I am adding the gas, insurance and cost of rapairs to the expenses of the partnership, can i still deduct miles in my personal taxes? is deducting the miles same a depreciation for the car? I am Seattle, WA ( if that matters)

Answer 1

The mileage deduction includes depreciation, gas, oil, and repairs - basically all car expenses. So you can't take some of those, and ALSO take mileage - you choose one or the other.

Answer 2

No, you can't "double dip" on the car expenses. Since you have your own business, that's where you take the deduction. Since it's a partnership the income and expenses will pass through to your personal return(s) so it looks like it's being taken both ways but it's not.