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re: Is vehicle allowance considered an income?

Posted on 12/12/14 at 2:12 pm to
Posted by 756
Member since Sep 2004
14921 posts
Posted on 12/12/14 at 2:12 pm to
If you are given an allowance - you claim the income and expense when you do you taxes. The only way it is not reportable is if you are getting reimbursed normally mileage and the company has a written accountable plan

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