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As a rideshare driver i rent a car to work and make my money. Can I deduct the cost of my weekly rental? $325 a week for 19 weeks? = $6000+

I have and/or can get receipts for every payment.
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1 Reply
ThomasM125
Employee Tax Expert

As a rideshare driver i rent a car to work and make my money. Can I deduct the cost of my weekly rental? $325 a week for 19 weeks? = $6000+

Yes, you can deduct that as rent expense. If you use the auto for personal purposes, however, you have to reduce the deduction by a proportionate amount of the expense.

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