-
Actual Vehicle Expenses Deduction - Personal Ownership
My question is this, does ownership/registration matter in terms of whether a business used vehicle can be claimed using the actual vehicle expense method? In my case, a single member LLC, my vehicles used for business are currently owned personally, do I need to transfer ownership to LLC in order to use actual expense method?
Tags for this Thread
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
-
Forum Rules
Bookmarks