Automobile Expenses

Taxpayers can deduct automobile expenses only to the extent the automobile is used for business, for charitable purposes, for moving expense purposes, and for medical purposes. Expenses can be figured using the actual cost method (defined elsewhere) or by using the standard mileage rate (defined elsewhere).

Automobile Expenses (Regular Method)

A deduction for business use of the taxpayer's vehicle based on actual cost of gas, oil, repairs, tires, washing, etc. plus a deduction for depreciation.

单词	automobile expenses
释义	Automobile Expenses Automobile Expenses Taxpayers can deduct automobile expenses only to the extent the automobile is used for business, for charitable purposes, for moving expense purposes, and for medical purposes. Expenses can be figured using the actual cost method (defined elsewhere) or by using the standard mileage rate (defined elsewhere). Automobile Expenses (Regular Method) A deduction for business use of the taxpayer's vehicle based on actual cost of gas, oil, repairs, tires, washing, etc. plus a deduction for depreciation.
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