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Deductions & credits
If you are self-employed using your vehicle for business you can either take the standard mileage deduction OR you can write off expenses such as
- Gas
- Oil Changes
- Tires
- Insurance
- Interest on the loan
- Car Washes
- Parking Fees
- Tolls
- Vehicle Rental Expenses
If you are a W2 employee, you cannot write off any vehicle expenses other than sales tax if you are itemizing and bought a new vehicle in 2018.
‎June 4, 2019
3:13 PM