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Can you deduct auto expenses as a VP of sales?

My research says that Form 2106 is not allowed in 2018. My son has been

deducting his mileage expense in previous years, but I keep running across

that this is not allowed in 2018. Where can he deduct this expense?

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Can you deduct auto expenses as a VP of sales?

If he is a W2 employee then no, employee expenses are no longer deductible under the new tax laws (for tax years 2018 - 2025).

If he is a statutory employee or received a 1099 then they are deductible and reported on Schedule C along with his income. 

 

[Edited 3/11/20|8:40pm]

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1 Reply

Can you deduct auto expenses as a VP of sales?

If he is a W2 employee then no, employee expenses are no longer deductible under the new tax laws (for tax years 2018 - 2025).

If he is a statutory employee or received a 1099 then they are deductible and reported on Schedule C along with his income. 

 

[Edited 3/11/20|8:40pm]

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
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