Quote:
Originally Posted by BillyMac
Because you said "$0.50 per mile round trip paid to one driver".
Figured only you, or your partner, got reimbursed, not both.
If your claiming the mileage reimbursement as income, then you may be able to deduct all of your mileage as a business expense. Some would not claim it as earned income, and then not take a mileage business expense deduction.
Don't listen to me, I'm sure your tax guy does an excellent job.
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Gotcha, only one of us is paid for driving most nights bc the farther driver will pick up the closer ones. If that isn't possible usually the school will pay two drivers if they don't the someone eats their miles or gets a kickback from the other driver. I am only claim for the miles that I'm paid for.