Biz Write-Offs LogoBiz Write-Offs

GPS Fleet Tracking (Verizon)

$644-$2576

Can You Write Off GPS Fleet Tracking?

Short answer: GPS Fleet Tracking (Verizon) — Fleet Vehicle Management for established Gen X businesses

Fleet vehicle expenses are deductible using either actual expense method or standard mileage rate. This includes purchase/lease payments, insurance, fuel, maintenance, registration, and GPS tracking. Section 179 allows immediate expensing up to $1,220,000 for qualifying vehicles. Commercial auto insurance is fully deductible. Proper mileage logs and documentation required.

Records to keep: Keep receipts and document business use. Deductible if ordinary and necessary for your trade or business.