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      01-04-2008, 07:18 AM   #10
rc'Z
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United_States
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Drives: 2009 335i Convertible
Join Date: Dec 2007
Location: Virginia

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To 'write off your lease car' you have to use the car for business, and only business. A doctor or lawyer driving back and forth to work is no different than a cook or machine operator driving back and forth to work, it is not detuctable. If you are using the car for business purposes you can only detuct that part of the car that is used for business. Example you drive the car 20k a year, church on Sunday, grocery store, vacations, none of that milage is detuctable. If you are in sales and you drive it to customer calls, detuctable. Milage in split use cases is detuctable, if you want to deduct gas, tires, lease, maintenance, you can only detuct that portion that is business related. Oh yes, keep very good records, IRS auditable good records. There is no free ride lease deduction.
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