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Can I deduct rental car expenses incurred to earn income and if "yes" - how do I deduct them?
I could not afford my own vehicle so I rented a car to satisfy my sales job requirements at various times throughout the year.
Can I deduct the cost of the rental, the rental insurance, and the gas?
How do I do that?
Can I deduct the cost of the rental, the rental insurance, and the gas?
How do I do that?
January 30, 2024
3:43 PM
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Investors and rental owners
Are you self-employed or an employee?
Here is some information from TurboTax to start with:
How do I claim vehicle expenses if I'm self-employed?
What Motor Vehicle Expenses Can Self-Employed Claim?
Here is some information from the Canada Revenue Agency (CRA): Motor vehicle expenses
Thank you for choosing TurboTax.
January 31, 2024
5:30 AM