Quote:
Originally Posted by brainbrian
And some schools around me pay 40 cents/mile. I've always wondered if I was able to claim the remaining portion.
|
The easiest way is to claim all of it as income and deduct the full 55.5 cents (56.5 cents in 2013) per mile driven roundtrip. While not technically accurate, the bottom line is the same.
I am not a tax professional, merely an official who's been filing a 1040 with a Schedule C for as long as I can remember.