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Only if the car is used entirely for your self employment business purposes.
Or, if it is used partly for your personal use and partly for your business purposes, you can prorate costs and claim the prorated business expense, but only if your personal and business use mileage is documented. A small notebook or journal kept in the car to log trip mileage and trip purpose is usually acceptable documentation, you don't need anything fancy. Just work out the percentage of mileage driven for business purposes compared to total mileage, and apply that percentage to your total expenses (gas, maintenance, repairs). That portion of your expenses is tax deductable.
*The above answer is a generalization and applies to most, but possibly not all, Canadian and U.S. jurisdictions. Refer to local tax regulations or confer with a certified tax consultant of some sort for your individual purposes.*
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How many years can you claim a loss on your taxes?
three years
How much does it cost to get your car frame straightened?
There is no set a mount of money you must pay to get your car frame straightened out. Major repairs could cost you thousands.
What type of repairs are general maintenance on a car and at what mileage would you have this maintenance done?
every 3,000 miles or so for oil beyond that a schedule tune up should take car of everthing depending on your car the mechanic will advise on the frequency
Can you claim personal belongings in a car accident?
yes. if it is not your fault than ofcourse. it should be acceptable
What is a legal guarantee that the manufacturer will provide certain repairs should portions of the car wear out earlier than expected?
That information usually is included in the warranty.
Can you claim car donations in your taxes?
Yes, you can claim your car donation on your taxes. You can only claim the fair market value or the blue book value of the vehical but it must be donated to a bonafide charity.
What can be done if a car backs up into your car?
You get their insurance Information and submit a claim for any damage or repairs to the Insurer
Do you need to file police report if you hit a deer?
You will need to for the insurance claim for car repairs.
What can you claim on your taxes for a donated car?
You can claim the charitable donation amount for the value of the car. The charity should provide a receipt with this amount listed.
Can you claim plumbing repair expenses on your taxes on a rental property?
Yes. You claim income that you receive in addition to expenses like repairs, insurance, property taxes, depreciation, etc. This is the case with me assuming that you are the owner of property that you rent to others and not rental property where you are the tenant.
Can you claim gas expenses on your taxes?
It depends weather you are using your vehicle for business, if so yes you can also claim new tires, repairs, and you use to be able to claim your tags/insurance... Don't know if they except that anymore though.
What if you need repairs on your car but the at fault driver's insurance company still hasn't finished the claim?
then sue for delay of action!
Car hit on private car park?
If your car is being hit on a private car park, you should call the police and report it and later on claim the insurance that was being put in your car to expense all the repairs of it.
Can you claim street clothes on your taxes?
can you claim street clothes on you taxes
If you bought a car in 2010 for work can you claim it on your taxes?
100% business use you can depreciate it over a period of time deduct fuel parts repairs insurance license if business and personal you get a per mile credit you must keep a detailed log of all busness miles
Will it go on your insurance as a claim if a police report is filed but you pay for the repairs to the other person's car yourself?
It will not go against your insurance because a claim has not been filed only a police report.
Claim my child's school lunch on my taxes?
My child has to pay for lunch can I claim that on my taxes?
