Yes. In TurboTax enter your full business mileage. A couple of screens later it will ask you if you received any reimbursement. Enter the total amount of reimbursement that you received for the year. TurboTax will calculate the net amount that you can deduct.
Note that job-related business mileage is a miscellaneous itemized deduction subject to the 2% of AGI limitation. That means that 2% of your Adjusted Gross Income (AGI) is subtracted from your total miscellaneous itemized deductions. Only the remaining amount is deductible. In addition, the deduction will not have any tax benefit unless your total itemized deductions are more than your standard deduction.
Here's how to enter job-related expenses in TurboTax.
- Click the Federal Taxes tab.
- Click Deductions & Credits.
- Click "I'll choose what I work on" or "Jump to a full list."
- On the screen "Your 2016 Deductions & Credits," scroll down to the Employment Expenses section.
- Click the Start, Update, or Revisit button for Job-Related Expenses.
