Can I deduct how to write off gas on taxes?
Gas expenses are deductible when they are incurred for business purposes, such as driving to meet clients, attending business meetings, or transporting goods. If you use your vehicle for both personal and business purposes, you must calculate the percentage of business use. The IRS allows you to deduct actual expenses like gas, or you can use the standard mileage rate, which includes gas, maintenance, and depreciation. For example, if you drive 10,000 miles in a year and 6,000 of those miles are for business, you can deduct 60% of your gas expenses. It's crucial to maintain a mileage log to substantiate your business use. Gas expenses for commuting from home to your regular place of business are not deductible.