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steve.paul.mcdonald
February 2, 2025
Question

Does having to acquire full coverage car insurance count an an expense for rideshare driving?

  • February 2, 2025
  • 1 reply
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    1 reply

    A
    AnnetteB6
    February 2, 2025

    Yes, the cost of your car insurance is an expense for your business of rideshare driving.  

     

    You will be able to deduct a percentage of the insurance cost based on the business percent of use of your vehicle based on the miles driven for business versus the total miles driven for the year.

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