Interesting. Thank you for such clarity. It raised more questions.
On my expense report, i have 2 questions for Auto Expense;
1) I certify that i have had auto expenses that equal or exceed the auto expense. or
2) I did not equal or exceed the auto expense allowance and wish to be paid the actual expense.
My whole discussion, so you know the background, is based upon my employer choosing to forgo a company car i was provided free usage of, and to compensate me $600 / month as auto allowance. I know this will be counted for income and that is fine. The question is, how is that $600 accounted for with the 2 questions above. Is it based on miles i drive or what is it covering? And if it's miles, do i figure the miles X $.55 to get my total expense? or reverse figure $600 / $.55 = 1090 mile per month is what is covered mileage for work. Then is over the 1090 mile deductible in Oregon?
Thanks again. I didn't know how to get all this out in a question.
