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sklosiewski1
New Member

My husband is a truck driver can we deduct the amount that we paid for the physical Damage insurance

we pay for Physical Damage insurance through his settlements.  Can this be deducted on the taxes.

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Phillip1
New Member

My husband is a truck driver can we deduct the amount that we paid for the physical Damage insurance

Yes. Physical Damage Insurance  is a ordinary and necessary business expense for a truck driver that can be deducted on your return.

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1 Reply
Phillip1
New Member

My husband is a truck driver can we deduct the amount that we paid for the physical Damage insurance

Yes. Physical Damage Insurance  is a ordinary and necessary business expense for a truck driver that can be deducted on your return.

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