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New Member
posted Jun 7, 2019 4:09:52 PM

I personally don't have a car and I used car rental service for my business. Can I deduct the expense?

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1 Best answer
Level 2
Jun 7, 2019 4:09:54 PM

Yes.

On your Schedule C (Form 1040)

Travel (Line 24a) Travel costs related to business trips (e.g. lodging, airfare or rental cars, local transportation). The travel must be overnight, away from your residence and primarily for business.

Rent or Lease (vehicles, equipment) (Line 20a) Rent or lease payments on business property not owned by you (e.g. machines, equipment, vehicles).

For a complete list:

https://quickbooks.intuit.com/r/professional/complete-list-of-self-employed-expenses-and-tax-deducti...

2 Replies
Level 2
Jun 7, 2019 4:09:54 PM

Yes.

On your Schedule C (Form 1040)

Travel (Line 24a) Travel costs related to business trips (e.g. lodging, airfare or rental cars, local transportation). The travel must be overnight, away from your residence and primarily for business.

Rent or Lease (vehicles, equipment) (Line 20a) Rent or lease payments on business property not owned by you (e.g. machines, equipment, vehicles).

For a complete list:

https://quickbooks.intuit.com/r/professional/complete-list-of-self-employed-expenses-and-tax-deducti...

New Member
Jun 7, 2019 4:09:55 PM

My goodness! I have been searching for hours on where to put thousands of dollars that we have paid towards a 26 ft box truck rental to support our appliance delivery and installation business! This helped so much.