Can I claim my interest payments on a leased vehicle for my taxes?

[LeeM]

Not unless you used it for your business and claimed the actual expenses vs. the standard mileage method.

[lrmartinez78]

I used it for business

[lrmartinez78]

SO in order to claim I need to choose actual expenses over standard mileage correct?

[LeeM]

Yes, you can enter all of the information in but usually, the mileage method is more beneficial at $.575/mile. Most cars will not cost more than that to operate.