Can you use car insurance as a tax deduction 2024?
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If you aren't taking the IRS's standard tax deduction and instead choose to calculate all of your actual expenses for the year, keep documented track of the car insurance you pay as well so you can file it with your return. ... If you don't use your car for business purposes, you can't claim insurance as a deduction.Apr 14, 2015
2023-06-11 20:12:17
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Ethan Gonzalez
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If you aren't taking the IRS's standard tax deduction and instead choose to calculate all of your actual expenses for the year, keep documented track of the car insurance you pay as well so you can file it with your return. ... If you don't use your car for business purposes, you can't claim insurance as a deduction.Apr 14, 2015