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#2
02-19-2009, 12:35 AM
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 Re: employee business miles "Dick Adams" <rdadams[at]panix.com> wrote in message news:gng6pr$2h5$2[at]reader1.panix.com... - quote - > "SMF" <smfwdf[at]comcast.net> wrote:
Not if it's a "non-accountable" plan and folded into wages.> > Employee works and lives in Springfield MA. He has an office in > > Springfield, not a home office. One day a week he travels to Boston - > > 90 miles - for business. He is not reimbursed for it. His is > > reimbursed for other client travel but not this trip to other company > > office for required meetings. His company has office in Springfield > > and Boston. So, 80% of time is in Springfield ares, thus making this > > his tax home I think. Can he deduct the Boston trips he makes once a > > week? > It's a unreimbursed employee expense subject to a 2% of AGI floor. > To be candid, on the surface it's awfully cheap of a company to require > out-of-town employees to pay their own way for required meetings. -- << ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- > |
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#1
02-18-2009, 04:37 AM
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| Re: employee business miles "SMF" <smfwdf[at]comcast.net> wrote: - quote - > Employee works and lives in Springfield MA. He has an office in
It's a unreimbursed employee expense subject to a 2% of AGI floor.> Springfield, not a home office. One day a week he travels to Boston - > 90 miles - for business. He is not reimbursed for it. His is > reimbursed for other client travel but not this trip to other company > office for required meetings. His company has office in Springfield > and Boston. So, 80% of time is in Springfield ares, thus making this > his tax home I think. Can he deduct the Boston trips he makes once a > week? To be candid, on the surface it's awfully cheap of a company to require out-of-town employees to pay their own way for required meetings. Dick -- << ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- > |
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02-18-2009, 03:53 AM
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| Re: employee business miles "SMF" <smfwdf[at]comcast.net> wrote in message news:0c5e9a84-5433-426f-a581-fd0045aa5b86[at]k8g2000yqn.googlegroups.com... - quote - > Employee works and lives in Springfield MA. He has an office in
Sounds like a yes to me.> Springfield, not a home office. One day a week he travels to Boston - > 90 miles - for business. He is not reimbursed for it. His is > reimbursed for other client travel but not this trip to other company > office for required meetings. His company has office in Springfield > and Boston. So, 80% of time is in Springfield ares, thus making this > his tax home I think. Can he deduct the Boston trips he makes once a > week? -- << ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- > |
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#-1
02-17-2009, 09:59 PM
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| employee business miles Employee works and lives in Springfield MA. He has an office in Springfield, not a home office. One day a week he travels to Boston - 90 miles - for business. He is not reimbursed for it. His is reimbursed for other client travel but not this trip to other company office for required meetings. His company has office in Springfield and Boston. So, 80% of time is in Springfield ares, thus making this his tax home I think. Can he deduct the Boston trips he makes once a week? -- << ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- > |
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