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Reload this Page Milage Rate (taxes, expenses, requirement)
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Old 02-15-2009, 09:56 AM
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Default Milage Rate
My employer is still paying me the old mileage rate 0.48 per mile, but I recently found out it went up in November to 0.55. Does my employer have to pay the new rate?
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Old 02-15-2009, 10:04 AM
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No, there is no actual requirement that they pay anything.
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Old 02-15-2009, 03:30 PM
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..additionally, you can deduct the difference between what your employer is paying you and the IRS rate when you file your taxes. You have to itemize and I believe the total unreimbursed employee expenses must total more than 2% of your AGI in order to benefit you.

IRS Tax Topic

Check with an accountant to be sure.
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Old 02-15-2009, 11:17 PM
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Spot on there.
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