Claim mileage not reimbursed from employer.Sold vehicle and bought another that i claim mileage. Do I need to file sale of business asset even if i don't own a business?
Claim mileage not reimbursed from employer.Sold vehicle and bought another that i claim mileage. Do I need to file sale of business asset even if i don't own a business?
No. If you are simply claiming a deduction for unreimbursed mileage for use of your personal vehicle on company business, the vehicle remains just a personal vehicle. There is no need to report the sale and replacement of the vehicle.
Claim mileage not reimbursed from employer.Sold vehicle and bought another that i claim mileage. Do I need to file sale of business asset even if i don't own a business?
No. If you are simply claiming a deduction for unreimbursed mileage for use of your personal vehicle on company business, the vehicle remains just a personal vehicle. There is no need to report the sale and replacement of the vehicle.
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