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Updated about 1 year ago on . Most recent reply presented by

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Jonah S.
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Tax Deduction Question

Jonah S.
Posted

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
#1 Tax, SDIRAs & Cost Segregation Contributor
  • Tax Accountant / Enrolled Agent
  • Houston, TX
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Michael Plaks
#1 Tax, SDIRAs & Cost Segregation Contributor
  • Tax Accountant / Enrolled Agent
  • Houston, TX
Replied

A+ for creativity.

The answer is No, it would be double-dipping. One is a passenger and gets no deduction.

  • Michael Plaks
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