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Tax Deduction Question
Question - My wife and I are both self employed for different buisnesses. Married filling joint. We both have seperate work events in the same city that are on the same day. If we both travel by car together, can we both individually write off the miles driven for our respective buisnesses?
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Michael Plaks
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Michael Plaks
#1 Tax, SDIRAs & Cost Segregation Contributor
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#1 Tax, SDIRAs & Cost Segregation Contributor
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- Houston, TX
A+ for creativity.
The answer is No, it would be double-dipping. One is a passenger and gets no deduction.