Commuting Expenses

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Dictionary Says

Definition of 'Commuting Expenses'

Expenses that are incurred as a result of the taxpayer's regular means of getting back and forth to his or her place of employment. Commuting expenses can include car expenses and public transportation costs.
Investopedia Says

Investopedia explains 'Commuting Expenses'

Commuting expenses are never deductible, unless the taxpayer has more than one job. In this case, the cost of commuting from one place of employment to the other on a regular basis would be tax deductible.  
Search results for

'Commuting Expenses'

  • Commute Smart: Save Time, Money And The Earth - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0609/Commute-Smart-Save-Time-Money-And-The-Earth.aspx
    ... Assuming a worker spends about $300 a month in work-related commuting costs,
    carpooling can reduce such expenses by as much as $225. ...

  • The 10 Most Important Tax Tips Of 2010 - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/1210/10-Important-Year-End-Tax-Tips.aspx
    ... accounts. A dependent account covers the cost of child care, and a commuter
    account covers the cost of commuting expenses. Both ...

  • 4 Tips For Cutting Your College Costs

    http://www.investopedia.com/articles/younginvestors/08/survival-tips-college-bootstrappers.asp
    ... your advantage. This figure does not include savings on food and commuting
    expenses, which could be significant. Also, dorm housing ...

  • 5 Retirement Planning Rules For Recent Graduates

    http://www.investopedia.com/articles/retirement/09/recent-graduate-retirement.asp
    ... Contributions for Benefits/Services Some companies offer their employees the chance
    to set aside money pretax to cover some commuting expenses or childcare ...

  • 6 Employment Perks And How To Get Them

    http://www.investopedia.com/articles/financialcareers/07/negotiate_perks.asp
    ... your company won't grant you a pay raise or permit you to telecommute, but it may
    be willing to reimburse you for out-of-pocket commuting and travel expenses. ...

  • Extreme Commuting: Is It For You?

    http://www.investopedia.com/articles/pf/06/extremecommute.asp
    ... Extreme commuting may not be for everyone, but for those who accept the tradeoffs,
    using a hefty city-based salary on exurban expenses can provide good value. ...

  • Downsize Your Home To Downsize Expenses

    http://www.investopedia.com/articles/pf/07/downsize.asp
    ... a big impact on the cost of groceries, gasoline, car insurance, commuting and more ...
    Opportunities When you move to smaller place, reducing your expenses is just ...

  • Jobless In 2010? 6 Tax Breaks You Can't Miss - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0311/Jobless-In-2010-6-Tax-Breaks-You-Cant-Miss.aspx
    ... the year, CCH also reminds unemployed tax filers to deduct unreimbursed employee
    expenses, business use of your home or car (minus commuting), business travel ...

  • Payroll Deductions Pay Off

    http://www.investopedia.com/articles/pf/08/payroll-deductions.asp
    ... Parking Your Money Commuting to work had its own challenges without bringing money ...
    each month in the commuter account and pay for those expenses using pretax ...

  • The True Cost Of Owning A Car

    http://www.investopedia.com/articles/pf/08/cost-car-ownership.asp
    ... An overview of vehicle expenses based on household income is provided in figure
    1 below. ... (For related reading, see Extreme Commuting: Is It For You?) Minimize ...

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