Business use of personal vehicle in multi-owner LLC

[hobbycheesemaker]

I have a multi-owner LLC and use my personal vehicle. I track miles driven for business use. I am using TurboTax Business for the LLC filing. How do I account for business use of the vehicle? I'm tracking miles driven, not expenses.

[KrisD15 · Accepted solution]

You would need to submit a request for reimbursement to the company. 

The reimbursement can be based on the standard mileage rate. 

The company writes this off as a vehicle expense using a dollar amount. 

TurboTax Tip 

[AmeliesUncle]

Is the Multi-Member LLC taxed as a Partnership?

If the Partnership did not reimburse you for it, it does not go on the Partnership return.  *IF* the Partnership Agreement states that you must pay for those expenses (and it won't reimburse them) you would deduct the "Unreimbursed Partnership Expenses" (UPE) on your personal tax return.