asked

How can a family share a car for both personal and business use, and accurately deduct the business-related expenses for tax purposes, especially when multiple family members use the car for different business purposes, such as a husband using it for work errands and a wife using it for food delivery? Additionally, how should a child who uses the family car for business purposes, such as pizza delivery, handle the deduction of expenses if they intend to reimburse the family for the business use of the car at the end of the year?

March 22nd, 2024

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