Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Jun 6, 2019 1:28:56 AM

Can I claim accident repairs to a vehicle I was responsible for moving from location A to B. I am an independent contractor who moves fleet vehicles across country.

I was involved in an accident with a vehicle I was responsible for moving as part of work I contract for with Lease companies.  I am an independent contractor and damages were $1700, below the $2K insurance deductible so I was responsible for repairs.  Can that be deducted as a business expense?

0 3 340
3 Replies
Expert Alumni
Jun 6, 2019 1:28:58 AM

Yes, if you had the accident with the car while working as a contractor, you can claim this amount as a business expense.

New Member
Jun 6, 2019 1:29:00 AM

One more question?  Should that be itemized under repairs and maintenance then?

Expert Alumni
Jun 6, 2019 1:29:06 AM

I would report it in miscellaneous expenses and describe it as Accident liability while working