Can I get a deduction for a business vehicle that was totaled in a traffic accident

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If it is a business vehicle that is solely owned by the business, you may be able to deduct the value less depreciation less any insurance that you recover.

If it is a private vehicle that you have written business miles of of, No, there is no business deduction for the loss.

Please contact us again with any additional questions or to provide some additional details.

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If my work has a mobile unit as a place of business and I choose to follow that unit can I deduct that mileage or is that my place of business?

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Can I get a deduction for a business vehicle that was totaled in a traffic accident