Quote:
Originally Posted by 26 Year Gap
In my case, I was in the black for the first time in 6 years. The schools in VT re-imburse 40.5 cents per mile, but I did not want to open Pandora's Box by trying to get the remainder, so I only used miles to meetings or game sites where there was no re-imbursement such as AAU or a handful of JV games that I did.
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Why? You should be counting the mileage reimbursement as income and then taking the full deduction for the miles driven regarless of how much either is. Even if they cancel out to $0.00, they should be documented to avoid the audit bug.