510 May 2026

IRS covers the Business Use of a Car . It explains how individuals can deduct expenses related to operating a vehicle for business or professional purposes. 🚗 Deduction Methods

: You multiply the business miles driven by a set IRS rate. This requires you to choose this method in the first year the car is available for business use. IRS covers the Business Use of a Car

: There are specific limits on how much depreciation you can deduct each year, which vary based on the vehicle's weight and use percentage. IRS covers the Business Use of a Car

: If a car is used for both business and personal trips, you may only deduct the portion of costs attributed to business use. IRS covers the Business Use of a Car