How Much of Your Vehicle Can You ACTUALLY Write Off? - Doordash UberEats Grubhub

Do you drive a lot for business purposes as a gig worker or otherwise? If that is the case how much of your vehicle can you ACTUALLY write off? In this video, we are talking about How much of your car you can actually write off, some examples as a gig worker or just in business for yourself and everything in between!

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IRS Standard Mileage Rates:
https://www.irs.gov/tax-professionals...

Source:
https://www.keepertax.com/posts/freelancers-guide-to-writing-off-car-expenses
https://www.irs.gov/pub/irs-prior/p463--2022.pdf (chapter 4-5)
https://turbotax.intuit.com/tax-tips/self-employment-taxes/standard-mileage-vs-actual-expenses-getting-the-biggest-tax-deduction/L0wIEUYhh
Adding this here because I like the pros and cons section of each method. -Joseph Mayo, Founder of GigTax

Mentioned Video:
Standard Mileage Method vs Actual Expense Method - EVERYTHING You MUST Know!! Which is Better?
https://www.youtube.com/watch?v=IWBzQpYyfS8&list=PLvLyKg0-pIevuNDc-6gR48_vAj-C_aRoN&index=2

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Disclaimer: The content of this video does not contain and is never intended to be legal, business, financial, tax, or health advice of any kind, This video is for entertainment purposes only. It is advised that you conduct your own research and consult with qualified professionals before applying anything you find online.

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