You'll need to sign in or create an account to connect with an expert.
The difference between the IRS mileage rate and what your
employer pays you is an employee business expense deductible as a Miscellaneous,
itemized deduction, subject to the 2% of Adjusted Gross Income limit. The 2016 IRS
mileage amount is $.54 a mile and this TuroTax article explains how to report the
deduction in TurboTax.
The difference between the IRS mileage rate and what your
employer pays you is an employee business expense deductible as a Miscellaneous,
itemized deduction, subject to the 2% of Adjusted Gross Income limit. The 2016 IRS
mileage amount is $.54 a mile and this TuroTax article explains how to report the
deduction in TurboTax.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
TomG6
New Member
insurancelady86
New Member
kyondacooper
New Member
dresiap
New Member
that guy who asks
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.