Can i deduct depreciation on personal car if paid mileage by employer

Yes, anything else that was used within the scope of your job, but was not reimbursed can be deducted as a vehicle expense. Other items that may apply would be things like gas, maintenance, etc.

To Enter Your Vehicle Expenses:

1. Select "Federal" at the top of the page

2. Select the "Deductions & Credits" sub-tab

3. Scroll down to "Employment Expenses" and select "Show More"

4. Select "Start/Revisit" next to " Job Expenses for W-2 Income "

5. Select "Edit" next to your occupation(Or enter it when asked)

6. Enter your vehicle information after the home office section(Or select "Edit" next to your vehicle)

7. After you are finished entering the vehicle you should arrive to a screen asking about mileage, if you were reimbursed fully do no enter anything

8. After you are finished with mileage you will arrive to a screen that reads "Let's Figure Out the Value of Your Vehicle" - this is where depreciation starts

9. You can also choose to enter actual expenses to enter things like gas and insurance that was required

Job-related Expenses