If I transfer title of my car to my S-Corporation, how would mile deductions work? Could my corporation deduct the commute to and from my workplace? If not, what mileage could it deduct? Thanks!
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What you are proposing will not work in the manner in which you intend.
As a shareholder-employee, you will have to include personal use of the car in your gross income (and commuting miles will be considered as personal use).
What your company can do is reimburse you for the business use of the car since you are a W-2 employee of the company under an accountable plan.
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