My partner and I share the cost of a car lease but it's under his name. I use the car for personal and business use. Can I still file the business part of expenses with the lease under his name even though we share the cost? Thank you!
You can deduct expenses for the business use of a vehicle only if he is your spouse. You can deduct the expense if he drives you somewhere for business but he would need to report the cost as income.
You can deduct expenses for the business use of a vehicle only if he is your spouse. You can deduct the expense if he drives you somewhere for business but he would need to report the cost as income.
I'm glad that the information shared by Rainflurry was able to help you in filing your taxes.
If you need more help with your taxes or with QuickBooks Self-Employed (QBSE), you can always post them in the Community space. I'll be here to back you up! Have a good one!
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