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re: Tax question regarding fuel

Posted on 1/16/13 at 12:39 pm to
Posted by HamCandy
Team Meat
Member since Dec 2008
894 posts
Posted on 1/16/13 at 12:39 pm to
I'm a salary employee. The amount I get per month is fixed, wether I drive 20miles or 400miles.
Posted by Tenforty1728
Baton Rouge
Member since Oct 2012
64 posts
Posted on 1/16/13 at 1:43 pm to
It'll be included in your gross wages in your W-2. You'll need to list your automotive expenses as unreimbursed employee business expenses which will become an itemized deduction. If you don't itemize, that's bad news. If you do there's still a 2% floor on these deductions, but hopefully you've been slightly overcompensated for gas.
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