Originally Posted by
old mechanic
Pay me 50 cents a mile, I'm driving 60 mph, so that's $30 an hour. You DONT pay taxes on that.
If gas is 3.3 cents per mile, I spent $1.98 in gas, so now I'm down to $28.02 per hour. Still no taxes.
If you're paying me above that rate, at $9 an hour, I'm in.
But I doubt that is the case. Quibble about the true cost of driving that distance if you wish, but that is not the point when you are deducting based on miles traveled.
50 cents a mile and 9 and hour sounds great, but the 50 cents first, tax free.
regards
mech