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Itemized Deductions Schedule-A


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Old 04-05-2016, 03:57 PM
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1099-misc

I received my 1099-misc. I work for a kennel and drive dogs to the vet two or three times a week. This is not part of my job description and I am not reimbursed for gas or mileage. Can I claim milage? If so, where is the proper place on my return? Is it the form Schedule C-Business Income, which has to be filled out if you have a 1099-MISC.



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Old 04-06-2016, 02:49 AM
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I received my 1099-misc. I work for a kennel and drive dogs to the vet two or three times a week. This is not part of my job description and I am not reimbursed for gas or mileage. Can I claim milage?============>> of course, One of the deductions available to self-employed contractors reduces your taxable income by allowing you to subtract costs associated with driving a personal vehicle for your business reasons; The IRS sets the reimbursement rate each year and sometimes adjusts the rate after the first six months of the year. This rate, known as the standard mileage rate, provides the taxpayer with a per-mile tax deduction. For the yeaer of 2015, the reimbursement rate for business mileage was 57.5cents..your home state also allow you to deduct business mileage when reporting state income tax, but state mileage rates do not always follow federal rates. Some states use the federal rate while others set their own rates.


If so, where is the proper place on my return? Is it the form Schedule C-Business Income, which has to be filled out if you have a 1099-MISC.=======>>yes on your sch c of 1040 line 9;you need to record the mileage of each business journey in your diary or schedule, log book together with the reason for the trip, multiply that by the agreed rate and add it to your expenses claim. Also keep track of your total mileage and multiply biz mileage by $.57 The IRS only allows you to claim mileage deductions on the portion of the mileage you use for business. The IRS considers commuting to be personal use. As such, if you have an office or a principal place of business that is not located at home, then you can't deduct the mileage you use traveling from home to your principal place of business. If you work from home, then you can deduct all business-related mileage.



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