Perhaps I was not clear
Previsously they included my mileage reimburement as income and I just turned around and wrote it off using the mileage rate. Now they are no longer including my mileage reimbursement as income.....but I am being reimbursed for it
I believe this means I can no longer write off the mileage rate......since i was reimbursed
but I do not want to check that I stopped using the vehicle for business since I still use it (perhaps it makes no dif..I am mostly concerned about removing the assett form business use
I know when I got rid of a car previously and removed it I had to compare how much I sold the car for to what its depreciated value for the business was (even though I had used the mileage deduction) to see if I had to claim a profit on it or something
I am techincally still using it for business though...
1) Do I do the above anyway (and remove it from business use)
2) enter 0 miles driven for business
3) claim the income from mileage reimbursement anyway and then turn around and write it off (or alternatively claim the reimbursement as income and then take an acutal expense deduction).......I have always just done the mileage deduction since it is easier for me to just keep mileage records
somehow number 3 seems wrong
They also reimburse me for hotel stays this was also formerly reported as income that I turned around and write off. This is a complete wash so iam not worried about this
......Since Iam still stayig in hotels I can claim meal expenses the same as previsously as that is not reimbursed
