Welcome to the MDTAXES Message Board

The MDTAXES Network is an affiliation of CPAs that specialize in the tax planning and preparation for young health care professionals.  Please leave your questions or comments for our CPAs, who visit the message board regularly, or review the answers, suggestions and ideas posted in response to your colleagues' questions.

Please check out our other Message Boards available at www.FindAGoodCPA.com.

Please note: We are NOT affiliated with the Maryland Tax Department. If you're looking for information about Maryland income taxes, go to www.marylandtaxes.com.

Return to Website  > Index  > General Tax Issues  > Original MDTAXES Forum  > Car Expenses
Recent Posts
 
Original MDTAXES Forum
Start a New Topic 
Author
Comment
a
anonymous
Feb 18, 2009 - 8:26PM
Car Expenses

I have a question automobile expenses. I have both W-2 and 1099 income. Can I deduct all of my automobile expenses against the 1099 income even though some of mileage relates to my employed W-2 job. Thanks

Zip Code: 19106

a
Andrew Schwartz CPA
Feb 19, 2009 - 4:36PM
Re: Car Expenses

With business mileage, we generally try to match the mileage to the income. So when people work as both W-2 and 1099, we claim the mileage associated with the 1099 income on the Schedule C, and then claim the remaining business mileage on the 2106 if that will save them any taxes.

Zip Code: 01801

Return to Website  > Index  > General Tax Issues  > Original MDTAXES Forum  > Car Expenses