topic Does car insurance count as business insurance, therefore allowing it to be deducted if I use my car for business ? in Business & farm

Does car insurance count as business insurance, therefore allowing it to be deducted if I use my car for business ?

zeke_1028 — Mon, 23 Feb 2026 10:03:27 GMT

Re: Does car insurance count as business insurance, therefore allowing it to be deducted if I use...

ThomasM125 — Fri, 27 Jan 2023 03:59:20 GMT

If you run a business, as opposed to being an employee, you can deduct the business portion of car insurance based on the percentage of time you use the vehicle for business versus personal use. However, you can only do this if you use that actual method of deducting your vehicle expenses as opposed to the standard mileage method.

Re: Does car insurance count as business insurance, therefore allowing it to be deducted if I use my car for business ?

Mike9241 — Fri, 27 Jan 2023 06:25:21 GMT

car insurance should be entered in the vehicle expense section if you use actual expenses otherwise don't bother entering it at all. it does not go on the line in Schedule C for insurance.