It depends. If, your employer requires you to submit receipts (what is called an "accountable" plan), you may not report your actual expenses.
If your employer does not require you to submit receipts for your car expenses and the amount of the car allowance is less than your actual expenses, you may deduct the difference. For these expenses to be included on your return, you must be able to itemize your
deductions. Even then, only the amount above 2% of your adjusted gross income
is deductible.
Note: You
cannot deduct the miles you commute to and from work, or any expenses you were
reimbursed.
Employee Vehicle Expenses are entered under Deductions & Credits >> Employee Expenses.
The
easiest way to find this section of TurboTax is to use the Search box at the top right side of the
TurboTax header. Type in "2106",
hit Enter, then click on the "jump to
2106" link to go the Job-Related
Expenses section. (Form 2106 is used to report job-related expenses on
your tax return).
TurboTax
will help you determine if your expenses can be reported, if your total
Miscellaneous Expenses meet the threshold to be deductible, and if you qualify
to itemize your deductions.
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