turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

I get reibursed for milage at .31 cents .how do i get different tax break for goverment rate

I got 6411.73 for 20683 miles  driven while working.irs allows .54 cents or 11168.82 how can I get this rate

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
RichardG
New Member

I get reibursed for milage at .31 cents .how do i get different tax break for goverment rate

The standard mileage rate for 2016 is 54 cents, so you are entitled to deduct the difference.  After you enter the information for your mileage deduction, you'll enter the amount you were reimbursed.  Please go to Federal Income>Deductions & Credits>Job-Related Expenses to enter this deduction.

Please keep in mind that this is a job-related expense.  In order to qualify, your job-related expenses must be more than 2% of your AGI (adjusted gross income).  Example: If your AGI is $40,000, your expenses would have to be more than $800 ($40,000 x 2%). Even then, you could only deduct the amount over $800. So, if your job-related expenses were $1,000 you could only deduct $200 ($1,000 - $800).

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question