turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Event: Ask the Experts about your refund > RSVP NOW!
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

mer73703
New Member

Can I still deduct vehicle insurance on a business use only truck?

 
Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
ChrystalM
Intuit Alumni

Can I still deduct vehicle insurance on a business use only truck?

If you are self-employed using your vehicle for business you can either take the standard mileage deduction OR you can write off expenses such as 

  • Gas
  • Oil Changes
  • Tires
  • Insurance
  • Interest on the loan
  • Car Washes
  • Parking Fees
  • Tolls
  • Vehicle Rental Expenses

If you are a W2 employee, you cannot write off any vehicle expenses other than sales tax if you are itemizing and bought a new vehicle in 2018.

View solution in original post

1 Reply
ChrystalM
Intuit Alumni

Can I still deduct vehicle insurance on a business use only truck?

If you are self-employed using your vehicle for business you can either take the standard mileage deduction OR you can write off expenses such as 

  • Gas
  • Oil Changes
  • Tires
  • Insurance
  • Interest on the loan
  • Car Washes
  • Parking Fees
  • Tolls
  • Vehicle Rental Expenses

If you are a W2 employee, you cannot write off any vehicle expenses other than sales tax if you are itemizing and bought a new vehicle in 2018.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies