Get SC DoR ST-385 2017-2024

Starting in January, people in SC can save gas receipts to get a tax credit. (WCIV) -- Starting in January 2018, you can save your receipts to claim new motor fuel income tax credit. ... This is a refundable credit on up to two vehicles per resident taxpayer and is provided to offset the motor fuel user fee increase.

If you are required to use your personal vehicle for work, can you claim gas on taxes or do you just use the standard mileage deduction? Yes, you can claim gas on taxes as a deductible business expense. However, you must keep adequate records that show the following: Cost of expense.

When claiming actual expenses, things like gas, repairs, vehicle registration fees, lease payments, depreciation, parking fees as well as tolls can all be written off at tax time. ... Whatever you claim, remember to save your tax return and gas receipts or mileage logs in case you are audited by the IRS.

In general, you can only claim the deduction if you use your personal vehicle for your business, medical, or charitable purposes. ... *New, for 2018, under the new tax reform law, you can no longer deduct moving expenses unless you are active duty military so the standard mileage rate for moving is not included.

Although you can't claim education-related fuel costs on your taxes, fuel costs may be deductible in other situations. ... Finally, if you qualify for the medical and dental expenses deduction, you can deduct the cost of fuel used to drive to and from doctor's appointments and medical treatments.

You can deduct more in 2019, the IRS says. The Internal Revenue Service is giving some taxpayers who use their cars for business a much-appreciated bonus: a boost of three-and-a-half cents per mile, bringing the mileage deduction to 58 cents per mile in 2019. ... The typical driver logs about 14,000 miles per year.

CHARLESTON, S.C. (WCIV) South Carolina's gas tax increased 2 cents per gallon to 22 cents Monday, July 1.

(WCIV) South Carolina's gas tax increased 2 cents per gallon to 22 cents Monday, July 1.

The United States federal excise tax on gasoline is 18.4 cents per gallon and 24.4 cents per gallon for diesel fuel. The federal tax was last raised in 1993 and is not indexed to inflation, which increased by a total of 73 percent from 1993 until 2018.

Beginning July 1, California's gas tax increases from 41.7 cents to 47.3 cents per gallon, a 5.6 cent increase in the price of fuel.

State Gasoline Tax Rates as of July 2018 These rates vary widely from state to state and are shown in the map below. Pennsylvania's gas tax rate is highest at 58.7 cents per gallon, followed by California (55.22 cpg) and Washington (49.4 cpg).

In general, you can only claim the deduction if you use your personal vehicle for your business, medical, or charitable purposes. ... *New, for 2018, under the new tax reform law, you can no longer deduct moving expenses unless you are active duty military so the standard mileage rate for moving is not included.

Yes, you can deduct the cost of gasoline on your taxes. Use the actual expense method to claim the cost of gasoline, taxes, oil and other car-related expenses on your taxes.

You can use your actual expenses, which include parking fees and tolls, interest on a vehicle loan, vehicle registration fees, personal property tax on the vehicle, lease and rental expenses, insurance, fuel and gasoline, repairs including oil changes, tires, and other routine maintenance, and depreciation.

You may deduct the cost of parts and depreciate the cost of tools if you fix the car yourself. But, there's no deduction for your labor. Many of the expenses you incur to keep your car running are currently deductible that is, the full amount can be deducted in the year incurred.