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I am paying an additional $35/mo. on my car insurance for a ride share rider...is this a deductible expense?

 
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JohnW15
Intuit Alumni

I am paying an additional $35/mo. on my car insurance for a ride share rider...is this a deductible expense?

Yes, it is.  You can deduct it as an expense against your rideshare business income.

Please see the TurboTax FAQ "Where do I enter my self-employment business expenses, like home office, vehicle mileage, and supplies?" below for more information.

https://ttlc.intuit.com/replies/5802554


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1 Reply
JohnW15
Intuit Alumni

I am paying an additional $35/mo. on my car insurance for a ride share rider...is this a deductible expense?

Yes, it is.  You can deduct it as an expense against your rideshare business income.

Please see the TurboTax FAQ "Where do I enter my self-employment business expenses, like home office, vehicle mileage, and supplies?" below for more information.

https://ttlc.intuit.com/replies/5802554


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