• Don't Forget These Deductions: Parking and Tolls

  • Mar 4 2025
  • Length: 7 mins
  • Podcast

Don't Forget These Deductions: Parking and Tolls

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  • Summary

  • Today, I’m chatting about another commonly missed tax deduction for self-employed individuals: parking and tolls. I’m diving into how tolls and parking should be tracked separately and added to the car expense category on tax schedules so you can get the deduction you deserve.

    Join me in this episode to get some practical tips on how to easily track your parking and toll expenses for this upcoming tax season.

    Also mentioned in today’s episode:

    • Tracking parking and tolls separately from mileage 2:26

    • Methods for tracking car expenses 2:44

    • Practical tips for maximizing your deductions 4:30

    If you enjoyed this episode, please rate, review and share it!



    Links:

    Sunlight episode on tracking mileage deduction

    Save your seat for the free class, Make Taxes Easier and Stash an Extra $152k in Your Savings
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