I have several cars in my business. Do I have to do all of them using the same method, or I can do some of them via mileage deduction and some via regular expenses?
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Yes, you can claim standard mileage on one vehicle and claim actual expenses on another.
Thank you!
It depends on the meaning of the word “several.“ If you have five or more cars in service at the same time, you can’t use the standard mileage method for any of them. Also, there are restrictions on whether or not, and when, you may switch back-and-forth between the two methods, if you wanted to do that. Review IRS publication 463, chapter 4.
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