2007-01-07 23:05:11 · 4 answers · asked by redbloodshoteyes_1979 2 in Business & Finance ➔ Taxes ➔ United States
If you are driving to and from the office, then NO! Absolutely not. Commuting miles are always NON deductible.
Only miles used for business travel OTHER than commuting are deductible. So if you go the store for office supplies or to visit a customer, then YES, those miles are deductible.
The WealthBUilder
Tax Specialist
2007-01-08 00:00:30 · answer #1 · answered by WealthBuilder 4 · 2⤊ 1⤋
I think you can so long as you are not being reimbursed for those miles and it's not a company car that you've been given ... that's how I always understood it (at least going back to when I was working in an office 10 yrs ago) I would imagine that is still true today. The reason is deduction is for depreciation on the car ... if it was a company car the company is losing the value, if it's your car and they're paying you they're reimbursing for the depreciation. It's not really a benefit for using gas. That was how it was explained by the accountants when we were doing the co. benefits in the payroll department. Always best to check the tax forms or call the IRS to make sure.
2007-01-08 07:12:42 · answer #2 · answered by Chele 5 · 0⤊ 1⤋
Yes you can. You will need to keep track of the miles driven for work if the vehicle is available for personal use. The IRS allows a fixed amount per mile driven. I don't know the rate for this year. I believe you need to use form 2106 for those deductions.
2007-01-08 07:11:46 · answer #3 · answered by Flyby 6 · 0⤊ 1⤋
Yes if you file long form. Keep track of mileage and make sure you can show the difference between personal and business mileage use.
2007-01-08 08:15:10 · answer #4 · answered by starla 3 · 0⤊ 0⤋