Can I Deduct Auto Insurance Premiums?

  1. 14231 POINTS
    Tom Sheehan
    Agency Owner, The Thomas G Sheehan Agency, 27 Glen Road Sandy Hook, CT 06482
    That is more of a question for your accountant actually.  Under normal circumstances, no. However, if you own a business and use your car at least in part for that business, then your accountant may tell you that at least a portion of the premiums that you pay may be deductible as a business expense.
    Answered on June 6, 2014
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