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cquick
New Member

Why is the vehicle expenses deduction less than the actual vehicle expenses?

I am using actual expenses method for a leased business/personal vehicle.  The vehicle expenses deduction on my Schedule C is $3,080 less than the amount of the actual expenses.  Why?

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1 Reply
JulieR
Expert Alumni

Why is the vehicle expenses deduction less than the actual vehicle expenses?

You mention that your vehicle is used for both business and personal purposes.  Take a look at the business use percentage you've reported on your return for this vehicle.  This could be the reason you are seeing fewer vehicle expenses on your Schedule C than you expected.

Please comment if you need additional help with this.

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