I am a nanny and I receive a W-2, can I deduct auto expenses for using my own vehicle when driving around the children?

tanyaboss — Thu, 06 Jun 2019 13:47:24 GMT

If you have to use your personal vehicle to drive the chi...

MinhT — Thu, 06 Jun 2019 13:47:26 GMT

If you have to use your personal vehicle to drive the children around, you can claim these vehicle costs as job-related expenses.

Job-related expenses are subject to the 2% rule and you can only claim the excess over 2% of your adjusted gross income.

Please note that Itemized Deductions will only "help" when they exceed your standard deduction.

For 2017, standard deductions are:

For a taxpayer under 65, not claimed as a dependent:

$6,350 for Single
$12,700 for Married Filing Jointly, or Qualifying Widow(er) with dependent child
$9,350 for Head of Household
$6,350 for Married Filing Separately
If you are over 65 or blind, add $1,250 for each instance or add $1,550 each instance if single and not a surviving spouse

You can deduct your job-related expenses by following these steps:

In TurboTax, open your tax return
Click on Federal in the left-hand column, then on Deductions & Credits on top of the screen
Scroll down to All Tax breaks, locate the section Employment Expenses and click on Show more
Click Start next to Job expenses for W-2 Income.