Can I depreciate the business use portion of my leased vehicle on my Schedule C?

[fred7777]

I would think that the answer is "no" since I'm already deducting the lease cost.

[sjrcpa · Accepted solution]

You are correct.

[abctax55]

You can't depreciate something you don't own....so Susan is correct.

The ability to take mileage on leased vehicles is a relatively new opportunity; and don't forget the lease inclusion value