Yes
According to the IRS form instructions for line 9 of Schedule C (Form 1040): You can deduct the actual expenses of operating your car or truck or take the standard mileage rate. This is true even if you used your vehicle for hire (such as a taxi-cab). You must use actual expenses if you used five or more vehicles simultaneously in your business (such as in fleet operations).  If you combine business with pleasure, you can only deduct the car rental costs that are work-related. For example, you fly from Omaha to Los Angeles and rent a car. You spend three days calling on clients. Your spouse joins you on the fourth day, and you spend another three days sightseeing. The IRS considers car rental expenses as a travel expense. You are typically able to claim such expenses as business expenses if the travel meets all of the IRS requirements. 1 Make sure you are eligible for the deduction. 2  Deduction on rental car expenses on taxes is not for everyone. 3  You are qualified for such deduction if you use it for one of the following purposes: business, medical, moving/relocating and charity. 4  Deduct rental car expenses on taxes for business. 1 Standard mileage rate is the amount of car expense you can deduct on taxes per mile. 2  You can find out the rate that is applicable to your category easily online by using one of the main search engines. 3  Car expenses verses standard mileage rate. 4  The answer always come down to which is better. 1 Use the standard mileage rate instead. 2  Standard mileage rate is the amount of car expense you can deduct on taxes per mile. 3  You can find out the rate that is applicable to your category easily online by using one of the main search engines. 4  Car expenses verses standard mileage rate. 1 Standard mileage rate is the amount of car expense you can deduct on taxes per mile. 2  You can find out the rate that is applicable to your category easily online by using one of the main search engines. 3  Car expenses verses standard mileage rate. 4  The answer always come down to which is better. Rental Car Mileage. If you rent a vehicle for business purposes, you can deduct the full cost as a business expense. Under this circumstance, you are probably better off not taking the mileage deduction, because it may not save you as much money as writing off the full cost of renting the car. If you drive your personal car or rental car outside of your tax home for business, you may deduct your driving costs, just as you do when you make local trips for business. That is, you use either the standard mileage rate or your actual expenses. He may deduct all his car rental fees as well as the cost of gas and parking (but he can’t take a mileage deduction for the miles he drives). Since he was outside of his tax home overnight, he may also deduct his hotel costs and 50% of his meal expenses. His airfare to and from San Diego is 100% deductible as well. You can: 1  deduct your actual expenses (gasoline, upkeep, repairs), or. 2  use the standard mileage rate (check the IRS website for current rates). 3  To qualify for the standard mileage rate, you must use the standard mileage method the first year you use a car for your business activity. 1 To qualify for the standard mileage rate, you must use the standard mileage method the first year you use a car for your business activity. 2  Moreover, you can't use the standard mileage rate if you have claimed accelerated depreciation deductions in prior years, or have taken a Section 179 deduction for the vehicle. However, you can deduct car expenses only if your rental activity qualifies as a business or an investment for tax purposes. If you do a lot of driving for your rental activity, however, there’s a good chance you are engaged in a business, not an investment. The Standard Mileage Rate. To use the standard mileage rate, you deduct a specified number of cents for ­every mile you drive for your rental activity. The IRS sets the standard mileage rate each year. For 2014, the rate is 56 cents per mile; for 2013, the rate was 56.5 cents per mile. Legitimate unreimbursed business expenses are deductible items under the guidelines established by the Internal Revenue Service. The IRS considers car rental expenses as a travel expense. You are typically able to claim such expenses as business expenses if the travel meets all of the IRS requirements. The primary requirements deal with the purpose of the trip and the distance you travel
http://cchsfs.custhelp.com/app/answers/detail/a_id/13558/~/schedule-c-%281040%29%3A-completing-line-9-%28vehicle-expenses%29 http://yourbusiness.azcentral.com/can-deduct-car-rental-expenses-unreimbursed-business-expenses-income-tax-2587.html http://www.mademan.com/mm/how-deduct-rental-car-expenses-taxes.html http://www.mademan.com/mm/how-deduct-rental-car-expenses-taxes.html http://smallbusiness.chron.com/tips-income-tax-mileage-deductions-57898.html https://www.mileiq.com/blog/deducting-your-mileage-when-you-travel-out-of-town/ http://www.nolo.com/legal-encyclopedia/top-ten-tax-deductions-landlords-29497.html http://www.nolo.com/legal-encyclopedia/deducting-landlord-car-expenses.html http://yourbusiness.azcentral.com/can-deduct-car-rental-expenses-unreimbursed-business-expenses-income-tax-2587.html
can you deduct mileage on a rental car