Mileage Deduction

[LynnLorretta]

Hello,

My business partner and I own a small towing business and we started this business at the beginning of the year. We are going to be filing form 1065. We bought a tow truck at the beginning of the year. Which from what I understand, I can either depreciate or use sec 178. 

My question is: can I also deduct either gas receipts or the standard mileage rate on our form 1065? 

[Critter]

Ok ... let's start with WHO owns the truck ... who is on the title ... you personally or the Partnership?

[LynnLorretta]

The partnerships name is on the title