M_Quick Posted February 12, 2014 Report Share Posted February 12, 2014 My employer just cut our already low mileage reimbursement by 12 1/2%! IRS allows you to claim $0.56 a mile, my employer has dropped us from $0.40 to $0.35! It was $0.32 a mile when I started back in Sept, of 2000! Then gas was roughly $1.19 a gal. I remember always filling up for around $12.00 Quote Link to comment Share on other sites More sharing options...
Tonik Posted February 12, 2014 Report Share Posted February 12, 2014 I would tell them to eat shit and die if the job requires any large amount of driving. After finding a new job of course. At .36 you are losing money. Quote Link to comment Share on other sites More sharing options...
C-bus Posted February 13, 2014 Report Share Posted February 13, 2014 Not atypical. Claim the difference on your return. It's not dollar for dollar, but it's something. I drove 37,000 miles last year at $.45. Claimed the difference. We will see how it turns out. Quote Link to comment Share on other sites More sharing options...
Connie14 Posted February 13, 2014 Report Share Posted February 13, 2014 Just make sure to keep a copy of your work mileage logs for your tax records. Quote Link to comment Share on other sites More sharing options...
tyler524 Posted February 14, 2014 Report Share Posted February 14, 2014 I drive about 700-900 miles a week for work but fortunately they pay us the max for mileage. I need it with the depreciation hit that I am sure I have taken already. Car is 10 1/2 months old and is already at 38k+ miles. Quote Link to comment Share on other sites More sharing options...
shadyone Posted February 14, 2014 Report Share Posted February 14, 2014 I would tell them to eat shit and die if the job requires any large amount of driving. After finding a new job of course. At .36 you are losing money. How do you figure hes losing at .36? is that counting depreciation and maintenance. I figure with my Truck it cost me .25 a mile in gas at best. Quote Link to comment Share on other sites More sharing options...
Tonik Posted February 14, 2014 Report Share Posted February 14, 2014 How do you figure hes losing at .36? is that counting depreciation and maintenance. I figure with my Truck it cost me .25 a mile in gas at best.Yea, you got to count it all.....If it costs you money it is part of the cost...oil changes, tire wear, brakes....most studies put it at 60 to 65 per mile for a mid sized sedan. Quote Link to comment Share on other sites More sharing options...
tyler524 Posted February 14, 2014 Report Share Posted February 14, 2014 How do you figure hes losing at .36? is that counting depreciation and maintenance. I figure with my Truck it cost me .25 a mile in gas at best. You should be figuring maintenance and depreciation into the number. Those miles that you are driving have more expense to them than the gas that you use. At $3.50/gal, it costs me about 15 cents/mile in gas, 26 cents for my car payment/insurance/extended warranty, 2 cents a mile for tires, and roughly 4 cents for maintenance. I figure it costs me roughly 47 cents/mile for my car and I am not concerned with depreciation since my entire car bill is covered by my mileage checks. Quote Link to comment Share on other sites More sharing options...
M_Quick Posted February 14, 2014 Author Report Share Posted February 14, 2014 I don't have enough deduction to itemize. And my car averages 34 mph on the road, but for work like today for example. I left the office around 8 am pulled in around 1:45 pm. Truck ran the whole time all but about 10 mins, and I logged 46 miles! On average I only get 17 mpg using vehicle for work. I did tell them it was F'ing BS and asked for a company vehicle. Today they gave me one, and also said around April I'd be back in my own car again. So I promptly asked if mileage was going to go back up by then, and got blown off. The truck they put me in the service light came on as soon as I started it! I didn't feel like sitting at a service center till 3-4pm today so I didn't see the light, lol.... Quote Link to comment Share on other sites More sharing options...
zx3vfr Posted February 15, 2014 Report Share Posted February 15, 2014 Sounds like you need to find a new job. Quote Link to comment Share on other sites More sharing options...
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