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re: If an employer pays full mileage rate, does leasing make sense?

Posted on 8/4/14 at 10:23 pm to
Posted by TigerDeBaiter
Member since Dec 2010
10270 posts
Posted on 8/4/14 at 10:23 pm to
quote:

All very good points here. However, whether you are reimbursed, or not, for mileage, does not determine your deductions. If you use a car in business, you either claim mileage or actual expenses. It has nothing to do with whether or not you are reimbursed, or a 1099 employee, or a partner, or owner.


Uh, what?

Go see a CPA.
Posted by VetteGuy
Member since Feb 2008
28476 posts
Posted on 8/5/14 at 12:34 pm to
Agree

He is way over-complicating this.
This post was edited on 8/5/14 at 12:36 pm
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