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Level 1
June 1, 2019
Question

Deducting mileage on my work car

  • June 1, 2019
  • 1 reply
  • 4 views
My employer reimburses me .46 per mile and I was told the IRS says I can deduct up .54 per mile can deduct the difference?

1 reply

June 1, 2019
The difference between the GSA rate (.54 per mile) and the amount your were actually reimbursed may be deductible as job-related expenses. 

Unreimbursed job-related expenses are deductible on Schedule A (Itemized Deductions) and are subject to the 2% floor for miscellaneous itemized deductions.  To input your job-related expenses (TurboTax Deluxe edition or higher is required to file itemized deductions):