Is can you write gas off on taxes a business expense?
TL;DR
Gas can be written off as a business expense if it is used for business purposes.
Detailed Answer
Where to Put It on the Tax Form
Schedule C (Form 1040), Part II, Line 9 for car and truck expenses
Real World Example
A real estate agent drives 100 miles to show properties to clients. The gas used for this trip is deductible as a business expense.
Calculation Required
A calculation is required for this deduction.
You need to calculate the portion of gas expenses attributable to business use. This can be done by tracking actual expenses or using the IRS standard mileage rate, which includes gas and other vehicle expenses.
Audit Risk & Documentation Tips
To minimize audit risk, keep detailed records of all business trips, including dates, mileage, and purpose. Maintain receipts for gas purchases and a mileage log to substantiate your deduction.
IRS Reference
IRS Publication 463 (Travel, Entertainment, 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