![]() ![]() Not only can your contributions help make a meaningful difference, you can also write eligible contributions off your taxes. To calculate how much is deductible from car expenses, you can calculate the standard mileage rate and/or actual expenses. If that’s the case, you would only be able to deduct the cost that is associated with the business side. Let’s say you car is for personal and business purposes. ![]() If you use your vehicle for business purposes only, you may deduct the expenses incurred to operate the vehicle. Here are a few of the most common tax write-offs that you can deduct from your taxable income in 2019: Business car use Here are a few of the most common tax write-offs that you can deduct from your taxable income in 2019:. ![]()
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