Car expenses and working to claim on taxes?
I already know you cannot deduct you actual travel To and FROM work. But my husband's job requires him to travel to different job sites (construction/...
I already know you cannot deduct you actual travel To and FROM work. But my husband’s job requires him to travel to different job sites (construction/maintenance) They always tell me I can’t deduct it either way but have been reading differently. It is his personal car and it does not use a business logo. The company also gives him /week for gas which is not taxed on his paystub. He spends more than , more around . I can’t find the information that shows if you "qualify" for a deduction and I also want to prove to the darn tax preparer that he indeed can deduct if he can. (Last year she said no, we couldn’t). Can someone please point me in the right direction or recommend a tax preparer that actually trains their preparers. We use Jackson Hewitt
Any miles that he drives for his employer during the work day are deductible. As you are aware commuting miles are not.
To take a deduction requires that he keep a written log of all business miles driven at the time that he drives them. He may then either deduct the actual costs of operating the vehicle apportioned between business an personal use OR take the standard mileage rate for all business miles driven. He must subtract any employer reimbursements.
These expenses are reported on Form 2106. The total then flows to Schedule A as a miscellaneous itemized deduction subject to a 2% AGI floor. This is where your tax pro may be telling you that it’s not deductible. If you’re not already itemizing deductions you would need a large number of miles to exceed the $10,900 Standard Deduction before you’d start getting any benefit at all.
bostonian gave a very good answer. Without knowing your income, it is also possible that the mileage deduction would be less then the 2% of AGI floor for miscellaneous deductions. In that case, even if you itemize, the mileage deduction is useless.