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Old 02-09-2018, 09:01 AM
TSDaycare's Avatar
TSDaycare TSDaycare is offline Member
Join Date: Oct 2009
Location: Texas
Posts: 138
Default Vehicle Deductions

Are taxes, tags, and title fees deductible on a new vehicle?

I usually do standard rate which for 2017 equals to be $900.
So between insurance, new tires, oil changes, and the new vehicle fees it may be more beneficial if they are deductible, as well as being able to claim depreciation if using actual expenses method?

I will be closing this summer, so changing from standard if I can will not affect me tremendously in the future.
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