Site Navigation

Your Account

Choose Language

This houses general site questions, issues and feature requests.

192 Questions View all
Discussion Topic

Can I deduct IFTA on my schedule C?

Can I deduct IFTA taxes on my Schedule C?

Reply to discussion Subscribe to discussion

Is this a worthwhile discussion?

Score 0
Add a comment

1 Reply

Yes, any IFTA expenses you have are 100% tax deductible. I usually keep a folder labeled taxes and licenses and keep my ifta paperwork in this folder. Any IFTA expense gets added up and is deducted from my gross revenue. If you have a more specific ifta question just ask and I'd be happy to answer.

Was this reply helpful?

Score 0
Add a comment

Join the discussion

Rick_dewitt will be eternally grateful.
View Statistics:

Past 24 Hours: 0

Past 7 Days: 0

Past 30 Days: 4

All Time: 42