I did not have my own vehicle. Hertz and Lyft have a business arrangement where Hertz rents vehicles to people for use as Lyft drivers. Hertz does permit personal use of the vehicle, as well. Hit a small animal on the highway, not while working, but while driving personally. I paid a $2,500 deductible to have the bumper replaced. Can I claim this expense as a vehicle business expense since the vehicle was used mostly for business? Thank you!
You'll need to sign in or create an account to connect with an expert.
The repair would be considered part of the cost of leasing the vehicle, so you can deduct it to the extent that you used the car for business. In other words, if you use the car 80% of the time for business, then you can deduct 80% of the repair cost.
The repair would be considered part of the cost of leasing the vehicle, so you can deduct it to the extent that you used the car for business. In other words, if you use the car 80% of the time for business, then you can deduct 80% of the repair cost.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
longcornet
New Member
mpeachey
Returning Member
TaxpayerNoDoubt
New Member
LLCHERMOSA
New Member
jatsg
Level 1