If you were partially reimbursed for your employee business miles, your total business miles and reimbursements for the current year are entered on IRS Form 2106 Employee Business Expenses
. To input this information in the TaxACT program:
- From within your TaxACT return (Online or Desktop) click on the Federal Q&A tab
- Click Itemized or Standard Deductions to expand the category, then click Unreimbursed employee expenses - Subject to 2% of AGI limit
- Click Yes on the following two screens.
- The program will continue with the interview questions to enter the appropriate information. After entering your vehicle expenses, including employee business miles, continue to the screen titled Employee Expenses - Employer Reimbursements to enter your total reimbursements for those miles.
The program will calculate the difference between the two amounts for your deduction. For example, if you drove 100 miles, your standard mileage deduction would be $56.50 (100 x .565). If your employer reimbursed you at a rate of 20 cents per mile, you would enter $20 in the reimbursement field (100 x .20). Your total mileage deduction on Form 2106 would be $36.50 (56.50 - 20).
See Standard Mileage Rates
for more information.