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This is a question I am curious about also. Previously we checked into buying a straight truck. We were asked if we could put 5000.00 to which we anwsered yes. We were then asked if we owned our home. We do own our home in Kansas outright with no mortgage. (We own our home in Kansas and rent a...

Your gross would be the lessor amount of $14,176. But don't forget to deduct for other expenses as well, for instances, office supplies (pens, paper, pencils, maps, ect), items used in the truck (do you keep paper towels, toilet paper, paper plates, ect in your truck, they are deductible as an...

Yeah, I use Turbotax also. I just went to Turbotax.online under the question and anwser section and it says if you drive a company vehicle the milage is not deductible. Turbotax was expensive. On Sunday I did my taxes at turbotaxonline.com cost 140.00 to file with them. Don't remember it...

Wait a minute. Are you saying as drivers for a truck owner we also get to claim milage? I thought only the person that owns the vehicle could claim the mileage? Just filed my taxes online Sunday. Hope I didn't miss a good deduction there. Someone anwser right away so I can file a correction if I...

I don't know about others but that is information I already have. Actually I have copies of my tax returns and receipts for the past 25 years. Thought it was required that tax payers keep their records for either 3 or 7 years? :rolleyes: