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March 27, 2020
Question

employment expense

  • March 27, 2020
  • 1 reply
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How do I handle a job-related expense such as having a company car when $100 is deducted from my paycheck every two weeks for a deduction called "company car"?

    1 reply

    March 27, 2020

    Unfortunately, because of the Tax Cuts and Jobs Act (TCJA) which took effect in 2018, Employee Business Expenses are no longer deductible for a W-2 employee.

     

    Click this link for more info on Unreimbursed Employee Expenses