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allkneese

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  1. Having the vechicle titled up in the partnership name complicates it. I had a similar situation and the partnership reimbursed the partner for expenses. The reimbursement was netted against the mileage deduction on Schedule E as explained above. Went through Audit, was looked at and argued about, but was accepted.
  2. If you are not deducting any of the vehicle expenses on the form 1065, calculate the mileage rate and deduct as an "Unreimbursed Partner Expense" as per instructions on Page E-8, re: line 28 of the 1040 instructions. Show as "UPE" on on Schedule E page 2 line 28(h). Just got it through audit with the IRS.
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