Skip to main content
March 11, 2020
Question

For rideshare business, is the deductible that Uber/Lyft's insurance does not pay included in the standard mileage deductible or would that be an additional expense?

  • March 11, 2020
  • 1 reply
  • 0 views
No text available

1 reply

ReginaM
March 11, 2020

The Standard Mileage Rate includes gas, oil, repairs, tires, insurance, registration fees, licenses, and depreciation (or lease payments) attributable to the portion of the total miles driven that are business miles. See IRS Tax Topic 510 for more information.

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"