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Are car sales taxes/fees (DMV) deductible (rideshare)
I purchased and paid off my leased car in 2023 and paid DMV the taxes and fees. Are those tax deductible for my rideshare (Uber/Lyft) business? And if so, how does that work as far as allocation for each year? Is it a one time deduction for when those taxes are paid? I still haven't decided whether I'm going with the mileage or standard deduction method. Would that matter?
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March 25, 2024
2:18 PM