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tanyaboss
New Member

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?

 
1 Reply
MinhT
Expert Alumni

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?

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.

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