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March 3, 2023
Question

I use the same vehicle from two separate types of self employment income so my milage is split the milage I want to write off between both?

  • March 3, 2023
  • 1 reply
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For example, if I drove my truck 15000 miles last year, and 8000 of those miles were for one business and 4000 of those miles were for another business, do I just enter the same vehicle again under the second business? Just wanna make sure I'm writing off as much milage as possible without risking getting myself in trouble. Thanks

1 reply

March 3, 2023

Yes, you would enter the same vehicle under both Schedule C businesses.  The total miles driven and commuting miles will be the same for both businesses, only the business miles will change.

 

Be sure you are keeping good records showing the miles driven for each business just in case your return is ever audited.  

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