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[[Last year, I received a milage reimbursement of 15 cents per mile for business
use of my personal vehicle. I believe the difference between this amount and the
IRS milage amount (31 cents??) is deductible, but I haven't been able to find a
clear answer.]]

First of all, the IRS rate for 1998 was $.325. And yes, the difference will be deductible...but only as a miscellaneous itemized deduction...subject to the 2% AGI limitation. So while you may have a deduction, it might not be deductible. See??

[[ Can anyone help?
If the amount is deductible as an employee expense, how is it reported? Is only
the difference between the reimbursement and the milage allowance reported?]]

You would generally report the expenses on IRS Form 2106 and the associated instructions. You can also read more about this deduction, and other business deductions in IRS Publications 463 and 529 at the IRS web site.

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