https://ttlc.intuit.com/community/tax-credits-deductions/discussion/the-car-that-i-drive-for-my-business-is-in-my-ex-husbands-name-and-i-pay-for-all-the-car-payments-on/01/389157#M49091 Tue, 04 Jun 2019 19:17:31 GMT cortneymurray 2019-06-04T19:17:31Z https://ttlc.intuit.com/community/tax-credits-deductions/discussion/the-car-that-i-drive-for-my-business-is-in-my-ex-husbands-name-and-i-pay-for-all-the-car-payments-on/01/389157#M49091 Tue, 04 Jun 2019 19:17:31 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/the-car-that-i-drive-for-my-business-is-in-my-ex-husbands-name-and-i-pay-for-all-the-car-payments-on/01/389157#M49091 cortneymurray 2019-06-04T19:17:31Z https://ttlc.intuit.com/community/tax-credits-deductions/discussion/your-business-use-of-any-vehicle-no-matter-who-owns-it/01/389163#M49094 <P>Your business use of any vehicle, no matter who owns it, is deductible. You can deduct the <B>interest portion</B> of the monthly payments you made. &nbsp; You have a choice between using the actual expenses method or the standard mileage rate. &nbsp;</P><P>If you do not own or lease the car, you have to use the ''actual expense'' method because of the depreciation that is factored into the standard mileage rate. &nbsp;However, vehicle loan interest is deductible no matter which method you choose.</P><P> <A href="https://turbotax.intuit.com/tax-tools/tax-tips/Small-Business-Taxes/Business-Use-of-Vehicles/INF12071.html" target="_blank">Vehicle Deductions</A> <BR /> </P> Tue, 04 Jun 2019 19:17:33 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/your-business-use-of-any-vehicle-no-matter-who-owns-it/01/389163#M49094 DawnC0 2019-06-04T19:17:33Z