Are there any tax breaks for long commutes?
September 21, 2005
Subject: New Job - Long Commute
Date: Wed, 7 Sep 2005
I was recently forced to make a change in my employment. My new employer is located 130 miles from my home, compared to 16 miles from my former employer. Are there any tax breaks for long commutes?
With the price of gas at $2.80 per gallon, the commute will account for a yearly commute of 62,400 miles and $6000!
Any advice you could provide would be greatly appreciated.
Date: Wed, 14 Sep 2005
Commuting expenses aren't tax deductible. There are some breaks for bus passes, but I don't think that will solve your problem.
Consider moving closer to your new employer (moving expenses are a deduction as an adjustment to gross income), or look for other employment located closer to your home.
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