I'm using a leased car for Uber/Lyft but I'm over the 30,000 miles limit - can I deduct the lease penalties ($.20 per mile) as an itemized deduction?

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I'm using a leased car for Uber/Lyft but I'm over the 30,000 miles limit - can I deduct the lease penalties ($.20 per mile) as an itemized deduction?

No. You should deduct the penalties as additional expenses on schedule C for your UBER business.

See the answer to the following FAQ on how to report your UBER expenses:

https://ttlc.intuit.com/replies/5802325

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