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How To Classify Fuel Addifives For Tax Returns?

Discussion in 'Trucker Taxes and Truck Financing' started by Caterpillar Cowboy, Nov 3, 2015.

  1. Nov 3, 2015 #1
    Caterpillar Cowboy

    Caterpillar Cowboy Heavy Load Member

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    Just like the title states, How do you classify your monies spent on fuel additives on your tax returns?
     
    Caterpillar Cowboy, Nov 3, 2015
    Caterpillar Cowboy, Nov 3, 2015
    #1
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  3. Nov 3, 2015 #2
    Cottonmouth85

    Cottonmouth85 Bad Influence

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    Floresville, Tx
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    What kind of driver are you?
     
    Cottonmouth85, Nov 3, 2015
    Cottonmouth85, Nov 3, 2015
    #2
  4. Nov 3, 2015 #3
    mountaingote

    mountaingote Road Train Member

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    It's a fuel expense
     
    mountaingote, Nov 3, 2015
    mountaingote, Nov 3, 2015
    #3
  5. Nov 3, 2015 #4
    Caterpillar Cowboy

    Caterpillar Cowboy Heavy Load Member

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    Nov 11, 2010
    Wyoming
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    Owner / Operator, well family business, I've got 2 trucks and my old man's got 1. Would be ran under a company card or charge accountt at parts house, or other fuel additive supplier. So a company expense not a personal expense to be reimbursed by the company.
     
    Caterpillar Cowboy, Nov 3, 2015
    Caterpillar Cowboy, Nov 3, 2015
    #4
  7. Nov 22, 2015 #5
    strollinruss

    strollinruss Road Train Member

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    Montgomery, TX
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    Put under oil or maintenance. You are using it to lube injectors. JMO.
     
    strollinruss, Nov 22, 2015
    strollinruss, Nov 22, 2015
    #5
    blairandgretchen Thanks this.
  8. Nov 26, 2015 #6
    blairandgretchen

    blairandgretchen Road Train Member

    12,048
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    Dec 9, 2011
    South west Missouri
    0
    I put it under maintenance, though technically- it's being used for fuel.

    It just looks messy trying to extricate it from the oil receipts and chop it up monthly.
     
    blairandgretchen, Nov 26, 2015
    blairandgretchen, Nov 26, 2015
    #6
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