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Deduct rental car, W2 earner - Hello, My Wife and I only have 1 car. I'm working for a company 400 miles away. I rented a car for travel there. Can I deduct the expenses?
Relocated to Irvine, CA. Wife and I only have 1 car so I was traveling to the Bay Area every other week via rental car. Can I write off the expenses associated with traveling or just the car? I was staying with my parents when I was working in the Bay Area. The rental cars were getting expensive though.
I'm at W2 earner, not self employed, commission only, mortgage sales
I'm at W2 earner, not self employed, commission only, mortgage sales
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Deduct rental car, W2 earner - Hello, My Wife and I only have 1 car. I'm working for a company 400 miles away. I rented a car for travel there. Can I deduct the expenses?
You cannot deduct the car, unfortunately. Neither the rental or the travel expenses qualify as your job-related expenses. It is considered commuting at this point, no matter how far you had to travel.
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Deduct rental car, W2 earner - Hello, My Wife and I only have 1 car. I'm working for a company 400 miles away. I rented a car for travel there. Can I deduct the expenses?
Basically I originate mortgage loans all over the state. What if I needed to use the car to meet clients? Would that count towards 2106 expenses or any other schedule?
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Deduct rental car, W2 earner - Hello, My Wife and I only have 1 car. I'm working for a company 400 miles away. I rented a car for travel there. Can I deduct the expenses?
Yes, that would count... if you travel from one job location to another, that IS your work-related expense; just not the distance from home to 1st job location and then back home.
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