Posted on 5/12/2021
Tax day deadline has been extended to May 17th here's a reminder if you own a business, or self employed (rideshare driver, freelance writer, for instance) you might qualify to deduct the cost of car repairs on your federal tax return. Here are some of the car repairs and routine maintenance you can deduct on your federal tax return (according to tax prep company H & R block) Oil changes Repairs, such as replacing a broken headlight or fixing faulty brakes Tune-ups New tires New air filters New windshield wipers In order to deduct these repairs good record keeping is important - keep track of your mileage (differentiating personal / business) with a mileage tracker (everlance, stride, mileage IQ) ... read more