topic What is the process for reporting use of a company car when my employer does not withhold the tax from my wages? in Get your taxes done using TurboTax

What is the process for reporting use of a company car when my employer does not withhold the tax from my wages?

briannifrazier — Wed, 05 Jun 2019 23:49:32 GMT

Did you use the company car for personal use? Did you pay...

TaxGuyBill — Wed, 05 Jun 2019 23:49:33 GMT

Did you use the company car for personal use?
Did you pay for any of the car's expenses?

Are you W-2 employeer, or a 1099-MISC independent contra...

SweetieJean — Wed, 05 Jun 2019 23:49:35 GMT

Are you W-2 employeer, or a 1099-MISC independent contractor?

I do not pay for any expenses. I am a w-2 employee and I...

briannifrazier — Wed, 05 Jun 2019 23:49:36 GMT

I do not pay for any expenses. I am a w-2 employee and I use the car to commute from home to work and other work related activities.

I think you need to ask your employer to correct things,...

TaxGuyBill — Wed, 05 Jun 2019 23:49:37 GMT

I think you need to ask your employer to correct things, and add the value of your personal use to your W-2.

Commuting to work is a personal use.

SweetieJean — Wed, 05 Jun 2019 23:49:38 GMT

Commuting to work is a personal use.

Thank you! I really appreciate it!

briannifrazier — Wed, 05 Jun 2019 23:49:40 GMT

Thank you! I really appreciate it!

The value of a company car's personal use is taxable inco...

Opus 17 — Wed, 05 Jun 2019 23:49:41 GMT

The value of a company car's personal use is taxable income. That includes commuting, and the ability to use it on evenings and days off for personal use. There is no set procedure in the tax law for you to add this income yourself to your tax return, it's supposed to be on your W-2. If your employer refuses, there are one or two procedures that you could potentially use, although they would call the IRS' attention to your employer's failure to follow the law. Best to get your employer to do it right the first time.