You'll need to sign in or create an account to connect with an expert.
If you lease a car (instead of having a loan on the car), there is no interest part in the lease amounts that you pay.
If you use the car exclusively for business, you can deduct the full lease payments as a business expense.
If you lease a car (instead of having a loan on the car), there is no interest part in the lease amounts that you pay.
If you use the car exclusively for business, you can deduct the full lease payments as a business expense.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
goldies3
New Member
smlucio
Level 1
TomG6
New Member
BobbyC777
Level 2
dpress1
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.