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Vehicle tax questions

Posted on 2/6/13 at 3:45 pm
Posted by gsvar2004
Member since Nov 2007
8874 posts
Posted on 2/6/13 at 3:45 pm
i claimed mileage on my taxes for 2011 but need to claim actual expenses (i think) for this year. is this change a red flag or does it not really matter.

im self employed btw and this vehicle is used for business matters.
Posted by LSUGUMBO
Shreveport, LA
Member since Sep 2005
9808 posts
Posted on 2/6/13 at 3:53 pm to
When you claim mileage, the amount per mile ($.55 this year) accounts for your expenses. I don't think you can claim one or the other, but I could be wrong about that.
Posted by gsvar2004
Member since Nov 2007
8874 posts
Posted on 2/6/13 at 4:32 pm to
what i mean is im NOT claiming miles this year and claiming actual expenses instead
Posted by LSUchuck
Member since Dec 2004
1546 posts
Posted on 2/6/13 at 5:22 pm to
You can go from mileage to Actual...just not the other way.
Posted by gsvar2004
Member since Nov 2007
8874 posts
Posted on 2/6/13 at 7:51 pm to
thanks
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