TaxMamas TaxQuips: Tax Quips

TaxMamas TaxQuips: Tax Quips


Deducting Business Car

January 06, 2011

Today TaxMama hears from Michael in the TaxQuips Forum who wants clarification. “I drive a lot. Is there a maximum dollar amount I may deduct for my vehicle expenses?â€



Hi Michael,

No, there is no maximum amount you may deduct. If you can prove