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Gas Money

Discussion in 'Taxes' started by zbritt, Sep 12, 2015.

  1. zbritt

    zbritt

    Location:
    Boston
    So obviously I use gas for more than just Uber, although Uber takes up a large chunk of my gas money. How can I account for this in my taxes?
     
  2. zbritt

    zbritt

    Location:
    Boston
    Or is this not req'd to keep track of since I can just write off my mileage?
     
  3. You can either list all of your Uber related auto expenses, or take the mileage deduction... which would be a lot less hassle.
     
    zbritt likes this.
  4. LAuberX

    LAuberX Moderator

    Location:
    Los Angeles
    Driving:
    UberX
    The mileage deduction at .575 per mile beats any amount of gas you could use... unless you get 4 mpg.

    Uber On
     
    zbritt likes this.
  5. It might go down for 2016. The IRS announces the rates for the upcoming year in December. They've cut the rate from one year to the next twice in the past ten years.
     

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