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How do i compute vehicle expense when employer gives me a gas card and they pay the gas expenses
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How do i compute vehicle expense when employer gives me a gas card and they pay the gas expenses
You can claim anything that is not reimbursed. If you own the vehicle and they did not reimbursed mileage for instance, then you can claim that as a deduction. Likewise, you cannot claim the gas, as it was paid for by the employer. Work your way through the section and claim what applies to you.
Visit this IRS link for a more complete explanation on how to claim
job-related vehicle mileage and expenses:
https://www.irs.gov/pub/irs-pdf/p463.pdf
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How do i compute vehicle expense when employer gives me a gas card and they pay the gas expenses
You can claim anything that is not reimbursed. If you own the vehicle and they did not reimbursed mileage for instance, then you can claim that as a deduction. Likewise, you cannot claim the gas, as it was paid for by the employer. Work your way through the section and claim what applies to you.
Visit this IRS link for a more complete explanation on how to claim
job-related vehicle mileage and expenses:
https://www.irs.gov/pub/irs-pdf/p463.pdf
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