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mgoodheim
New Member

When can I switch methods for auto expense deduction on my business return?

I started leasing a car in the middle of the year.  I have used the mileage deduction on my old car, but wish to switch to actual expenses (apportioned by business mileage use) with the leased car - is this permissible?

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3 Replies
Critter1
New Member

When can I switch methods for auto expense deduction on my business return?

You get to choose which method you will use each time you add a vehicle. But remember if you start with actual expenses you must always use that method for that car. If you start with the mileage option you are allowed to switch back and forth if you wish.

When can I switch methods for auto expense deduction on my business return?

is this still accurate for 2016 tax year?

When can I switch methods for auto expense deduction on my business return?

Yes.
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