gator rental

[cat2468]

I rent a gator to my employer.  How do I expense out fuel used to run equipment?

[Irene2805 · Accepted solution]

If you have a side business of renting out equipment, you can take the cost of fuel as a business expense on your Schedule C.

Because of the Tax Cuts and Jobs Act, as an employee, you can no longer take job-related expenses as a deduction.