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Turo Car Share
I have a small amount of income from the Turo car share platform. Note that it is like AirBnB for cars, not a gig platform like Uber / Lyft. It was not enough income to qualify for a 1099-K partnership statement. I plan to report as Schedule C self-employment income. Since the vehicle is my primary depreciable asset in this "business", would you recommend I take the standard milage deduction using miles driven by guests, or the actual expenses method?
Thanks!
‎April 1, 2025
9:12 AM