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kgiusti92
New Member

If i received a 1099-nec main income for the first 6 months of 2022. as I was not an employee can i use my daily milage to where i travelled to perform my duties?

 
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DawnC
Expert Alumni

If i received a 1099-nec main income for the first 6 months of 2022. as I was not an employee can i use my daily milage to where i travelled to perform my duties?

Yes, you can deduct mileage as a self-employed taxpayer - you can deduct the mileage on Schedule C that relates to that income.   These out-of-pocket expenses will offset (reduce) your earnings, lowering the amount of income you pay taxes on.

 

As for the car itself, you can deduct fuel, maintenance, repairs, auto insurance, registration, lease payments, and depreciation. Many drivers opt to do this through the Standard Mileage Rate (58.5 cents per mile for Jan-Jun 2022 and 62.5 cents per mile for July-Dec 2022) because it's much simpler. However, you can deduct each expense individually with the alternative Actual Expenses method. Both methods require you to keep track of your business and personal miles.

 

Where to enter mileage

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DawnC
Expert Alumni

If i received a 1099-nec main income for the first 6 months of 2022. as I was not an employee can i use my daily milage to where i travelled to perform my duties?

Yes, you can deduct mileage as a self-employed taxpayer - you can deduct the mileage on Schedule C that relates to that income.   These out-of-pocket expenses will offset (reduce) your earnings, lowering the amount of income you pay taxes on.

 

As for the car itself, you can deduct fuel, maintenance, repairs, auto insurance, registration, lease payments, and depreciation. Many drivers opt to do this through the Standard Mileage Rate (58.5 cents per mile for Jan-Jun 2022 and 62.5 cents per mile for July-Dec 2022) because it's much simpler. However, you can deduct each expense individually with the alternative Actual Expenses method. Both methods require you to keep track of your business and personal miles.

 

Where to enter mileage

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
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