Vehicle and Mileage Tax Deductions
#1
Gets Weekends Off
Thread Starter
Joined APC: Oct 2005
Position: Office Chair
Posts: 629
Vehicle and Mileage Tax Deductions
Maybe someone can clarify the mileage deductions available to a pilot.
Can the mileage accrued while positioning a vehicle from a crashpad in one city to a crashpad in another city be deducted? What if it was due to a change of employers?
How about mileage to position a vehicle to a city due to a temporary displacement or temporary basing?
Can mileage accrued while driving to and from training in another city be deducted?
Can parking expenses at a commuter's home airport be deducted if the company doesn't pay for it?
Can the mileage accrued while positioning a vehicle from a crashpad in one city to a crashpad in another city be deducted? What if it was due to a change of employers?
How about mileage to position a vehicle to a city due to a temporary displacement or temporary basing?
Can mileage accrued while driving to and from training in another city be deducted?
Can parking expenses at a commuter's home airport be deducted if the company doesn't pay for it?
#2
Sitting on the sidelines
Joined APC: Aug 2007
Posts: 436
Maybe someone can clarify the mileage deductions available to a pilot.
Can the mileage accrued while positioning a vehicle from a crashpad in one city to a crashpad in another city be deducted? What if it was due to a change of employers?
How about mileage to position a vehicle to a city due to a temporary displacement or temporary basing?
Can mileage accrued while driving to and from training in another city be deducted?
Can parking expenses at a commuter's home airport be deducted if the company doesn't pay for it?
Can the mileage accrued while positioning a vehicle from a crashpad in one city to a crashpad in another city be deducted? What if it was due to a change of employers?
How about mileage to position a vehicle to a city due to a temporary displacement or temporary basing?
Can mileage accrued while driving to and from training in another city be deducted?
Can parking expenses at a commuter's home airport be deducted if the company doesn't pay for it?
2. Can claim mileage for temporary work location.
3. Can take mileage for training if not reimbursed.
4. Can take parking if you are working.
BUT BUT BUT....mileage like this is an unreimburseed business expense. It is taken on Schedule A - Itemized deductions - and subject to a 2% exclusion. That means unless you itemize deductions (which means you have do more than $5000 in diductions if single, $10,000 if married) you get nothing. If you do itemize deductions, but the unreimbursed business expenses are less than 2% of your adjusted gross income (bottom line of Page 1 of a Form 1040, the total income of yo and your spouse) you get nothing......
I know it's weeks after your question, but hope this helps.