AliciaP1
Expert Alumni

Business & farm

If your truck was listed for your self-employment business you should enter the direct costs of the rental and any fuel purchases as business expenses rather than mileage for that time.

 

If the truck was yours but used to earn W-2 income, no amount is deductible.  The Tax Cuts and Jobs Act eliminated the Unreimbursed Business Expenses deduction for tax years 2018 - 2025.

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