I am a independent courier contractor. Can I write off .45 per kilometer on my taxes and all the gas?

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I am a independent courier contractor. Can I write off .45 per kilometer on my taxes and all the gas?

2007-08-11 12:25:54 · 2 answers · asked by vanier5 1 in Business & Finance ➔ Taxes ➔ United States

2 answers

In the USA, you are not allowed to claim a mileage deduction AND direct expenses such as gasoline or oil, etc. The mileage rate is supposed to equate to your total expense per mile (or kilometer).

2007-08-11 12:31:40 · answer #1 · answered by Anonymous · 1⤊ 1⤋

In the US you can take actual expenses or the .45 per mile (or whatever the current rate is). You can't take both.

2007-08-11 12:32:06 · answer #2 · answered by bdancer222 7 · 1⤊ 0⤋