: You must maintain adequate records or evidence to support your statement of expenses.
: If a car is used for both business and personal trips, you may only deduct the portion of costs attributed to business use. : You must maintain adequate records or evidence
: There are specific limits on how much depreciation you can deduct each year, which vary based on the vehicle's weight and use percentage. : You must maintain adequate records or evidence
Topic no. 510, Business use of car | Internal Revenue Service : You must maintain adequate records or evidence
: If you choose the standard mileage rate for a leased vehicle, you must use it for the entire lease period. 📈 Filing Requirements