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April 15, 2022
Question

I was a medical sales rep during Covid and my company sold a critical covid product and we lost sales due to lack of inventory a nd the company took away our company car.

  • April 15, 2022
  • 1 reply
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I was not prepared to purchase a new car as I just got hired during the height of Covid and became a single mom.

1 reply

April 15, 2022

If you were a W2 employee, there is no deduction for miles driven or vehicle expenses.

 

If you received a 1099-NEC, you can take a mileage deduction or actual expense deduction for the portion of miles driven for business purposes. When you enter the 1099-NEC you will be guided through to add the expenses in the business section of TurboTax. 

 

 

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