Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Mar 22, 2021 11:16:25 PM

I use my vehicle in the course of my job. I get a $10.00 fuel allowance per day but nothing for the ware and tare of my car.

I use my vehicle in the course of my job. I get a $10.00 fuel allowance per day but nothing for the ware and tare of

0 2 263
2 Replies
Level 15
Mar 23, 2021 5:04:06 AM

If you are a W-2 employee you cannot deduct job-related expenses on your federal tax return.   Your state tax laws might be different.

 

https://ttlc.intuit.com/questions/4482873-which-federal-tax-deductions-have-been-suspended-by-tax-reform

Level 15
Mar 23, 2021 6:04:50 AM

Furthermore, the $10 a day fuel allowance should be considered taxable income and reported on your W-2 in box 1, and be subject to Social Security and Medicare tax withholding, unless you participate in an accountable plan where you prove to your employer via driving records that you spend at least that much or more on fuel for business related trips.

 

You can list your business related mileage in TurboTax because it may flow to your state tax return in some states, but you should not expect to receive a federal tax reduction based on those expenses.