MinhT
Expert Alumni

Deductions & credits

When claiming vehicle costs, you can opt for the actual expenses method or the standard mileage method.

If you opt for the actual expenses method, you can deduct the business portion of all your vehicle costs including gas, maintenance, insurance, depreciation, etc...

When you use the Standard Mileage deduction, you can’t deduct individual expenses for your car. 

Please read this TurboTax article for more information:

https://turbotax.intuit.com/tax-tips/self-employment-taxes/standard-mileage-vs-actual-expenses-getti...

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post