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Vehicle Allowance - Anyone here receive it??

Discussion in 'Road Side Pub' started by jf4boogie, Nov 16, 2011.

  1. jf4boogie

    jf4boogie New Member Established Member

    Messages:
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    Joined:
    Jun 10, 2007
    Location:
    NC
    Just wondering what kind of vehicle allowance you guys get and how you use it. I read that although it is considered taxable income, that you still get to write off mileage (at $.xx per mile) or fuel/maintenance. I would get a gas card, so fuel wouldn't be an "issue" so-to-speak as far as income/taxing go.

    I guess I'm just looking for the best way to maximize it as a benefit. My understanding is that its actually a write-off for the company as well...

    Anyway, just seeing if you guys could help shed some light on something new to me.:beer:
     
  2. Blk04Snake

    Blk04Snake Active Member Established Member

    Messages:
    1,791
    Joined:
    May 18, 2004
    Location:
    Potsdam, NY
    I'd be interested to hear about if you can write this off as well!
     

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