It depends
No - Mileage that is from personal use of the
vehicle is considered a personal expense and is not deductible. (This would include commuting miles.)
Yes - Mileage
that is from business use as both an employee (job-related) and as
self-employer (business expense) is deductible. You can have both types of
mileage in the same year. (Just make sure that you keep a record of your
business mileage and whether the business mileage related to your job as an
employee or your self-employment business.
Business
miles can be deductible if you are an employee (as a job-related expense, if
you itemize and are subject to a 2% AGI limitation) or if you are self-employed
(as a business use of your vehicle) Also note that you will only be able to
take a job-related deduction for mileage as an employee for unreimbursed
business miles.
To deduct unreimbursed business miles as
an employee in TurboTax Online (for TurboTax
Online sign-in, click Here) or Desktop, please follow these steps:
You
would enter your unreimbursed employment expenses under Federal
Taxes>Deductions and Credits> I'll choose what I work on (or jump to full
list)> scroll down to Employment Expenses> Job-related expenses
(start/update). Use the TurboTax guide to help you enter these expense.
- Say "yes" to
question "Did you have any of these expenses in 2015 for your W-2
income?" under the screen titled "Employment Expenses Related to
a W-2".
- after about 6 to 10
question screens, you will get to a screen titled "Job-Related
Expenses" you can put this information here. List as "additional
unreimbursed business miles"
To deduct business miles for self-employed in TurboTax
Online or Desktop, please follow these steps:
- Once
you are in your tax return, click on the “Business"” tab
- Next click on “I’ll choose
what I work on” (jump to full list)
- Scroll down the screen until
to come to the section “Business Income and Expense”
- Choose “Profit or Loss from
Business ” and select start/revisit/update.
- If your business is already
listed, choose to "edit"
- You will eventually get to a
screen titled "Your () Business"
- Scroll down to Business
Expenses and select "Business Vehicle Expense".
Please refer to this IRS link for more information about Transportation Costs
