What expenses may be included in the calculation of car expenses that may be deducted?

The following are acceptable car expenses that are eligible to be deducted:

• Depreciation
• Licenses
• Gas
• Oil
• Tolls
• Lease payments
• Insurance
• Garage rent
• Parking fees
• Registration fees
• Repairs
• Tires

[IRS]: Deducting Car Expenses.

The foregoing is not intended to be, and should not be construed to be, tax advice. This website offers general answers to general questions based on information obtained from www.irs.gov and other publicly available information. Collaborative Fund cannot be held responsible for the results of any position taken on a tax return by any user of this site. Users should always obtain independent tax advice from a qualified tax professional to determine the tax consequences applicable to such user’s personal situation.