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  • Mileage

    I'm preparing to dig in and do my taxes and a first time user of
    TurboTax Deluxe. Before I get started, I have a question.


    The question I have: does TurboTax allow me to claim the difference on
    mileage for the government standard (37.5 cents per mile for 2004) and
    the 25 cents per I get at my job using my personal vehicle. I want to
    claim the 12.5ct mileage for the difference between the IRS rate
    and what the company reimburses me. Also I have logged all my miles
    traveled at work with aid of a computer program that records my
    odometer. Would I have to submit a record of my mileage along with my
    tax return?


    Thanks!


    PW

  • #2
    Mileage


    "PGW" <[email protected]> wrote
    I'm preparing to dig in and do my taxes and a first time user of TurboTax Deluxe. Before I get started, I have a question. The question I have: does TurboTax allow me to claim the difference on mileage for the government standard (37.5 cents per mile for 2004) and the 25 cents per I get at my job using my personal vehicle.

    Yes, on Form 2106, through Schedule A.


    I want to claim the 12.5ct mileage for the difference between the IRS rate and what the company reimburses me. Also I have logged all my miles traveled at work with aid of a computer program that records my odometer. Would I have to submit a record of my mileage along with my tax return?

    Naa. Keep it for your records though. If you get audited you'll need that.



    --
    Paul A. Thomas, CPA
    Athens, Georgia
    taxman at negia.net


    Comment


    • #3
      Mileage

      In article <[email protected]>,
      "Paul A Thomas" <[email protected]> wrote:
      "PGW" <[email protected]> wrote
      I'm preparing to dig in and do my taxes and a first time user of TurboTax Deluxe. Before I get started, I have a question. The question I have: does TurboTax allow me to claim the difference on mileage for the government standard (37.5 cents per mile for 2004) and the 25 cents per I get at my job using my personal vehicle.
      Yes, on Form 2106, through Schedule A.
      I want to claim the 12.5ct mileage for the difference between the IRS rate and what the company reimburses me. Also I have logged all my miles traveled at work with aid of a computer program that records my odometer. Would I have to submit a record of my mileage along with my tax return?
      Naa. Keep it for your records though. If you get audited you'll need that.


      Thanks Paul!

      Comment

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