In TT home/business for sole proprietor business I use my car 75% for business using the standard deduction. Does an extended auto warranty qualify as an auto expense?
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In TT home/business for sole proprietor business I use my car 75% for business using the standard deduction. Does an extended auto warranty qualify as an auto expense?
posted
September 2, 20191:43 PM
last updated
September 02, 20191:43 PM
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In TT home/business for sole proprietor business I use my car 75% for business using the standard deduction. Does an extended auto warranty qualify as an auto expense?
When you use the standard deduction then it covers ALL vehicle expenses EXCEPT the interest on the loan payment ... so you do not deduct any other vehicle expense.