re: How much should a company truck affect your salary?

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Are you a W2 employee because I don’t think you can Deduct mileage especially if you are getting an allowance.

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I am reimbursed by the company. The company can choose what it reimburses me for. The allowance is for vehicle cost....the mileage is for gas plus maintenance due to specific activities for work. From the W2 perspective the mileage is not included in taxable income because it's not net income, it's repayment for business expenses (the use of vehicle for company purposes). Whereas the vehicle allowance is for my ownership of the vehicle, which extends past just company use, therefore is considered in my total taxable income.