TaxMamas TaxQuips: Tax Quips

TaxMamas TaxQuips: Tax Quips


Lease Down Payment

January 21, 2010

Today TaxMama hears from Joel in New York with this question. “If I lease a car for business, say 80% business use, can I write off 80% of the down payment?â€



Dear Joel,

People lease cars for business all the time. I wonder why no one has ever