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Motor Vehicle. is it an expense

User Boxi
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2 Answers

1 vote

Answer:

it could be

Step-by-step explanation:

If you use your car for business, the Internal Revenue Service allows you to deduct this as an expense on your taxes. You have the option of deducting either the actual operating costs associated with the business use of your vehicle or taking a standard mileage deduction for each mile driven for business.

User Sakuraba
by
8.4k points
2 votes

Answer:

If you use your car for business, the Internal Revenue Service allows you to deduct this as an expense on your taxes. You have the option of deducting either the actual operating costs associated with the business use of your vehicle or taking a standard mileage deduction for each mile driven for business

User Vjjj
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