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re: Anyone in sales and have a car allowance/gas card?
Posted on 2/21/13 at 1:38 pm to kbro
Posted on 2/21/13 at 1:38 pm to kbro
quote:
2. You can b/c your car allowance is taxed, so it's taxable income and the gas card part is irrelevent to the question.
This would make sense if you are driving your own car for business purposes and depreciating the vehicle's value. But I'm not sure about this, I don't have this problem, unfortunately. I do love my mileage deduction ever year though, saves my arse from the bloodsucking dickbags at the IRS.
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