TMC is an independent, primarily volunteer organization that relies on ad revenue to cover its operating costs. Please consider whitelisting TMC on your ad blocker and becoming a Supporting Member. For more info: Support TMC

Tax write offs in lieu of gas and maintenance costs

Discussion in 'Model S' started by Jgdixon, Dec 11, 2012.

  1. Jgdixon

    Jgdixon Active Member

    Jul 21, 2012
    Burlington, Ontario, Canada
    My car is used a lot for business. Of course I can then write off a portion of the fuel and maintenance on my ICE vehicle. Anyone talk to an accountant about claiming the cost of the power to charge our cars?
    in addition what about the maintenance plan? Seems to me we could claim a portion of that as well.
  2. fengshui

    fengshui Member

    Nov 9, 2012
    Santa Barbara, CA
    Not necessarily. If you use a car exclusively for business, you can deduct actual cost, including depreciation, repairs, fuel, etc. The 55.5 cents/mile rate is if you use a personal car for business purposes.

Share This Page

  • About Us

    Formed in 2006, Tesla Motors Club (TMC) was the first independent online Tesla community. Today it remains the largest and most dynamic community of Tesla enthusiasts. Learn more.
  • Do you value your experience at TMC? Consider becoming a Supporting Member of Tesla Motors Club. As a thank you for your contribution, you'll get nearly no ads in the Community and Groups sections. Additional perks are available depending on the level of contribution. Please visit the Account Upgrades page for more details.