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Investors & landlords
There is a difference between leasing a vehicle and renting a vehicle. You specifically used the word "rent", and you say you only rented it for a month. Therefore, it's rent and should be reported as such.
Assuming you're filing a SCH C, you'll report your vehicle rental expense for that one month in the Other Common Business Expenses section. There's a sub-section for Business Travel which includes rental car expenses.
‎September 25, 2021
6:38 PM