Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

cancel
Showing results for 
Search instead for 
Did you mean: 
jkwarren
New Member

Where do you enter car allowance? Someone uses my car for business occasionally and the government allows $.55 per km for the first 5000km. Enter km driven or the amount?

 
2 Replies
jkwarren
New Member

Where do you enter car allowance? Someone uses my car for business occasionally and the government allows $.55 per km for the first 5000km. Enter km driven or the amount?

Oh bother! It kind of doesn't make sense when you borrow a car, but I guess I'll figure it out. Thanks!

Where do you enter car allowance? Someone uses my car for business occasionally and the government allows $.55 per km for the first 5000km. Enter km driven or the amount?

Do you pay someone an allowance, or do you get the allowance? The per km amount is only if you are an employer paying the allowance to someone, or you have an employer who pays you an allowance based on that rate. If you are self-employed, or an employee that is reporting auto expenses, then you need to report actual expenses incurred.