Quote Originally Posted by wseyller View Post
Lucky for me I don't have to deal was reimbursement. My company provides me a car and a company gas card. This car comes home with me and most of the time I dispatch from home to my first call.

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If you take the company vehicle home, your employer should be reducing your wages, as the IRS declares this a taxable benefit. If your employer is not deducting any money from you, YOU may be subject to back taxes and fines. be careful.....

The value of the personal use of a company vehicle
-
provided vehicle is included with wages as compensation
and reported on the employee’s W2
-
In determining personal use, the employer
may choose to:

Report 100% of the value of the vehicle’s use as personal use on Form W2.
-
Then the employee is responsible for claiming the deduction for the business portion and the employer does not
need to maintain records substantiating personal use.

Report only the personal use portion of the value of the vehicle on Form W
-
2. To do this, the
company must have a written policy regarding personal use of employer
-
provided vehicles and a
way for the employee to report such use to the employer.
It can become YOUR responsibility to claim this benefit if your employer is not reporting it.