Can freelancers deduct can you write off gas on taxes for work?

Business Expensesfreelancersconsultantsreal estate agentsindependent contractorstax

Gas expenses are deductible for freelancers when the vehicle is used for business purposes. Freelancers can choose between the actual expense method, which includes gas, maintenance, and other vehicle-related costs, or the standard mileage rate method, which covers all vehicle expenses at a set rate per mile driven for business. Personal use of the vehicle is not deductible, and the business portion must be clearly documented. For example, if a freelancer drives 10,000 miles in a year and 6,000 of those are for business, only 60% of the actual expenses can be deducted. Alternatively, they can use the standard mileage rate for the 6,000 business miles.

Popular Related Pages

Related Questions