Can I deduct is gas deductible for self-employed?
TL;DR
Yes, gas expenses can be deductible for self-employed individuals if they are for business purposes.
Detailed Answer
Where to Put It on the Tax Form
Schedule C (Form 1040), Part II, Line 9 (Car and truck expenses)
Real World Example
A freelance photographer drives 100 miles to a client's location for a photoshoot. The gas used for this trip is deductible as a business expense.
Calculation Required
A calculation is required for this deduction.
To calculate the deductible amount, track the total miles driven for business purposes and the total gas expenses. Deduct the portion of gas expenses that corresponds to the business use percentage of the vehicle.
Audit Risk & Documentation Tips
Maintain a detailed mileage log and keep receipts for gas purchases. Clearly document the business purpose of each trip to substantiate the deduction in case of an audit.
IRS Reference
IRS Publication 463 (Travel, Gift, and Car Expenses)
Relevant Industries
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Disclaimer: This is for informational purposes only and should not be construed as tax or legal advice. Always consult your tax advisor.
Page created on July 15, 2025