Probably too late to claim the actual expense of doing this becuase we did it about a year ago and we just started our LLC. But since the truck is covered head to toe in graphics for the business...it really is advertising everywhere we go. Is there any part of our driving expenses that can be deducted each year beyond just trips to the post office or store for business supplies?
Hello annieo012019! I'm an Enrolled Agent with TurboTax Live. There are multiple ways a vehicle can get deductions. If you're not just claiming the standard mileage, the 'Actual Vehicle Expense' may be better for you.
If you decide to use the actual expenses method, additional auto-related expenses are deductible, such as,
Please reference this link for more information on this topic: https://turbotax.intuit.com/tax-tips/small-business-taxes/business-use-of-vehicles/L6hi0zzzh