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Old 04-12-2005, 07:38 PM
Phil Marti
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Default Re: Mileage

<pgwphoto[at]mac.com> wrote:

- quote -

> 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.


TT is your servant. It will do what you tell it to do.

- quote -

> 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?


No. Just have it available in case of IRS inquiry.

You do know that this is a Schedule A itemized deduction
subject to the 2% of AGI exclusion, right?

--
Phil Marti
Clarksburg, MD

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  #-1  
Old 04-11-2005, 05:54 PM
pgwphoto@mac.com
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Posts: n/a
Default Mileage

I'm preparing to dig in and do my taxes (yes, I'm one of
those procrastinators) and just loaded the TurboTax Deluxe
app. onto my computer. 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!

Pete

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->
 

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