https://ttlc.intuit.com/community/taxes/discussion/how-to-claim-expenses-for-renting-vehicle-for-business-related-activities/01/2881195#M1051590 <P>I am a small business owner of upstart and have to use a pick-up truck to pick-up my goods used in product production. I have a formal agreement with my father to reimburse him at the current IRS milage rate for each&nbsp; mile when using his vehicle for business related purposes. How do I list this expense on schedule C? I am correct in believing that reimbursement payments to my father are zero sum gain for him( he dosen't have to claim as income since he is being reimbursed at the IRS mileage rate)? Of course a mileage log is being kept.</P><P>&nbsp;</P><P>Any guidance would be appreciated</P> Mon, 23 Feb 2026 12:37:45 GMT swhampton7 2026-02-23T12:37:45Z https://ttlc.intuit.com/community/taxes/discussion/how-to-claim-expenses-for-renting-vehicle-for-business-related-activities/01/2881195#M1051590 <P>I am a small business owner of upstart and have to use a pick-up truck to pick-up my goods used in product production. I have a formal agreement with my father to reimburse him at the current IRS milage rate for each&nbsp; mile when using his vehicle for business related purposes. How do I list this expense on schedule C? I am correct in believing that reimbursement payments to my father are zero sum gain for him( he dosen't have to claim as income since he is being reimbursed at the IRS mileage rate)? Of course a mileage log is being kept.</P><P>&nbsp;</P><P>Any guidance would be appreciated</P> Mon, 23 Feb 2026 12:37:45 GMT https://ttlc.intuit.com/community/taxes/discussion/how-to-claim-expenses-for-renting-vehicle-for-business-related-activities/01/2881195#M1051590 swhampton7 2026-02-23T12:37:45Z https://ttlc.intuit.com/community/taxes/discussion/re-how-to-claim-expenses-for-renting-vehicle-for-business-related-activities/01/2881809#M1051613 <P>Report the amount you pay as a rental expense on Schedule C.</P> <P>&nbsp;</P> <P>Your father doesn’t make any profit if he rents to you at the IRS reimbursement rate, but he still has to report the income and vehicle expenses on his tax return to show he zeroed out.</P> <P>&nbsp;</P> <P>Since this vehicle is being used for business, he would also have to report a gain or loss when he sells the pick-up truck.</P> Tue, 14 Feb 2023 01:28:46 GMT https://ttlc.intuit.com/community/taxes/discussion/re-how-to-claim-expenses-for-renting-vehicle-for-business-related-activities/01/2881809#M1051613 ErnieS0 2023-02-14T01:28:46Z