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Business & farm
It is generally best to submit the mileage to the corporation and have the corporation write a check to reimburse you for the expenses using the Standard Mileage Rate.
If you claim the expenses as an employee of the corporation, they are limited to the amount OVER 2% of your income. If you don't otherwise itemize your deductions on Schedule A, your deduction would further be reduced or eliminated.
If you claim the expenses as an employee of the corporation, they are limited to the amount OVER 2% of your income. If you don't otherwise itemize your deductions on Schedule A, your deduction would further be reduced or eliminated.
‎June 7, 2019
2:56 PM