Last year, I drove about 16,000 miles for my job (Roadside Assistance). As of 2014, the reimbursement was $0.56/mile, so about $8,960. I only paid about $1,200 last year, so I only got $1,200 back.
($7,760 less than the deduction I was owed) Which makes sense - I understand I cant get back more than I paid for the year. I have a new job that pays $65k/year, So I'll pay about $16,250 this year. Can I deduct the $7,760 from last year?
I know that stock losses can roll over from year to year at a max of $3,000/year (until you're caught up). Do miles driven for work count the same way as stock losses? Do they roll over from one year to the next?
Edit - I drove from "incident" to "incident" around the metroplex helping stranded drivers. If I helped 10 people that day, I'm only counting the miles I drove between them (9 trips). I don't include the miles I drove to the first incident, and the miles I drove back from the last incident.
Only the miles I drove between each patron.
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