TurboTax

File with experts
File your taxes
Experts at your fingertips

An expert helps with your taxes, or does them for you
TurboTax Expert Full Service

TurboTax Expert Assist

TurboTax Self-Employed
Prior year taxes
File myself
File myself
Do it yourself

We'll guide you step-by-step
TurboTax Do It Yourself

TurboTax Self-Employed

TurboTax Desktop
TurboTax Free

Activate your product

Prior year taxes
Business
Business
Business taxes

Get your T2 corporate return done right, your way
TurboTax Business

TurboTax Business Desktop
Tax situations
Tax situations
Tax situations

Find extra guidance for your big life moves
For investors

For 25 and younger

For self-employed

For new to Canada

For life changes
Resources
Resources
Resources

Explore tax tools, get tips, and read reviews
Personal income tax calculator

RRSP savings calculator

Learning hub

TurboTax support (FAQ)

TurboTax community
Pricing

Level 1

Question

rental_car

Forum|Forum|3 years ago
November 16, 2022
1 reply
0 views

to whom it may concern,

I have an individual uber account, and if i rent a car can I deduct rental fee?

I thinking about long term rent/

thanks in advance.

Level 4

You may deduct the rental fee, along with insurance, gas, repairs, tolls, etc. on your Schedule C. Two very important caveats: You cannot depreciate the vehicle because you don't own it and make sure you keep a detailed mileage log so that you can pro-rate the expenses to the percentage of business use. This is the very first piece of information the IRS will ask for if you are ever audited.

P.S. The same rules apply if you decide to lease the vehicle instead of renting it.

**Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"