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Deductions & credits
@Opus 17 wrote:However, both allowable methods for deducting vehicle expenses are based on mileage.
I disagree. I see nothing that says that Actual Expenses NEEDS to be prorated based on mileage. While that is definitely the most common and logical way to do it, there is nothing that says that is required. For example, Publication 463 says:
Business and personal use.
If you use your car for both business and personal purposes, you must divide your expenses between business and personal use. You can divide your expense based on the miles driven for each purpose.
‎January 11, 2022
5:56 PM