Car Magnets for Advertising?

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  • MG&Lsmom
    Daycare.com Member
    • Oct 2010
    • 549

    Car Magnets for Advertising?

    I have car magnets on my van advertising my business and will write on the windows with window markers if I have openings. I park my van at the end of my driveway, drive all over town, etc. What if any expenses relating to the car can be deducted? And what information would I need to track?

    FWIW, the van is paid for. I own it outright.
  • Michael
    Founder & Owner-Daycare.com
    • Aug 2007
    • 7946

    #2
    You may find your answer here: https://www.daycare.com/forum/tags.p...eduction+-+car

    Comment

    • TomCopeland
      Business Author/Trainer
      • Jun 2010
      • 3062

      #3
      car expenses

      Having magnets or other advertising on your car doesn't create additional car expenses (other than the cost of the magnet and ad). You can only deduct gas, oil, repairs, etc. if you are taking a trip that is primarily for business purposes.
      http://www.tomcopelandblog.com

      Comment

      • MG&Lsmom
        Daycare.com Member
        • Oct 2010
        • 549

        #4
        Originally posted by TomCopeland
        Having magnets or other advertising on your car doesn't create additional car expenses (other than the cost of the magnet and ad). You can only deduct gas, oil, repairs, etc. if you are taking a trip that is primarily for business purposes.
        That's what I thought, but I wanted to double check. Thanks Tom!

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