I have my LLC. I work as independent contracter for a Limo company that provides me with the car I claim the gas should I put the info for that car that I do not owe?
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1 Best answer
Rachel_W
Expert Alumni
Jun 4, 2019 3:27:51 PM
No, if you do not own the car, you should not list it as an asset for your Schedule C. You can deduct any out of pocket expenses you had for the car, including gas, as long as you are not reimbursed.
1 Replies
Rachel_W
Expert Alumni
Jun 4, 2019 3:27:51 PM
No, if you do not own the car, you should not list it as an asset for your Schedule C. You can deduct any out of pocket expenses you had for the car, including gas, as long as you are not reimbursed.