Biz Write-Offs LogoBiz Write-Offs

Car lease for rideshare drivers

$300-$700/mo

Can You Write Off Car Lease for Rideshare Drivers?

Short answer: Yes for the business-use share of lease payments, or use standard mileage for the whole lease term instead.

High-value leases have a small IRS inclusion amount that trims the deduction.

Records to keep: Keep receipts, 1099s or W-2s, a mileage log, and a note of the business purpose. W-2 employees should ask about employer reimbursement.