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Commuting Costs PDF Print E-mail
Written by Administrator   
Friday, 29 January 2010 17:26

Commuting Costs

Do you spend a bundle just getting to and from work? It would be helpful if you could deduct your expenses, but, unfortunately, the general rule is that commuting expenses are nondeductible. However, the tax law does allow deductions for the costs associated with:

Traveling between two business locations

Traveling between your main job and a second job

Local trips taken for business purposes after you’ve arrived at work (trips to visit clients or buy supplies, for example)

Getting from home to a temporary job location outside the metropolitan area where you normally live and work

Traveling between your home office and other work locations in the same business, if your home office is your principal place of business

To qualify for a deduction, you’ll need the appropriate records. Let us know if you have questions.

 

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