Solved: Husband purchased car. I drive rideshare. Filing joint and small business. Most miles are from Lyft. I own this vehicle, or this vehicle isn't mine?

Husband purchased car. I drive rideshare. Filing joint and small business. Most miles are from Lyft. I own this vehicle, or this vehicle isn't mine?

My income was used for the purchase; but I wasn't present for the sale. He rarely drives the car.

posted

Yes, if you are filing jointly with your spouse, any use of the word "you" indicates both taxpayers (or either one). It doesn't matter who actually paid for the vehicle. You both own it now.

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Yes, if you are filing jointly with your spouse, any use of the word "you" indicates both taxpayers (or either one). It doesn't matter who actually paid for the vehicle. You both own it now.

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**Mark the post that answers your question by clicking on "Mark as Best Answer"