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Level 1
June 5, 2019
Question

Can I deducting vehicle expenses in a LLC using my personal vehicle?

  • June 5, 2019
  • 1 reply
  • 4 views

If so, do I deduct the expense on my personal tax return, being that I do not have an reimbursement agreement?

1 reply

Level 14
June 5, 2019

If you are a single member LLC, then yes, the expenses would go under your Schedule C which would then flow through to your personal return. The program will walk you through how and where to enter in your car expenses. 

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