My client used her fathers vehicle for use in her business. She has just listed fuel as an expense. Would you deduct the fuel as travel expense or vehicle expense? Is standard mileage an option here?
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NOT her vehicle closes most doors
It would be hard to justify "vehicle expenses" (actual or standard) for a vehicle she does not own or lease.
The "when was your vehicle placed in service" question could be bothersome.
The best I can see here is (perhaps) claiming the gas expense she indirectly paid to dad as a separate line item business expense.
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Borrowed car
IRS mileage allwance is not allowed. Can only take prorated portion of expenses actually paid for by the client.Comment
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