nwagtmustang
Returning Member

Get your taxes done using TurboTax

You cant deduct miles as an owner operator for a commercial truck.  I'm not using a vehicle to make sales or do presentations.  I am transporting goods from a shipper to a receiver.  However I can deduct the lease payment and all repairs and maintenance on the vehicle which is 100 percent deductible.   Its a 2005 truck with almost 1 million miles on it.  Its not worth much but I pay 800 a month to lease it.  Therefor my question is do I leave the miles section at zero and put in all my expenses regarding the truck and will turbo tax give me a 100 percent deduction or do I put those expenses somewhere else?