Commuting Expenses

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 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.

RELATED TERMS
  1. IRS Publication 463: Travel, Entertainment, ...

    A document published by the Internal Revenue Service that provides ...
  2. Transportation Expenses

    An expense incurred by an employee or self-employed taxpayer ...
  3. Travel Expenses

    The costs associated with traveling for the purpose of conducting ...
  4. Business

    1. An organization or enterprising entity engaged in commercial, ...
  5. In-App Purchasing

    The purchase of goods and services from an application on a mobile ...
  6. Fast-Moving Consumer Goods (FMCG) ...

    These are consumer goods products that sell quickly at relatively ...
Related Articles
  1. Payroll Deductions Pay Off
    Retirement

    Payroll Deductions Pay Off

  2. 6 Employment Perks And How To Get Them
    Professionals

    6 Employment Perks And How To Get Them

  3. Extreme Commuting: Is It For You?
    Retirement

    Extreme Commuting: Is It For You?

  4. What causes negative inflation or deflation?
    Savings

    What causes negative inflation or deflation?

Hot Definitions
  1. Gross Rate Of Return

    The total rate of return on an investment before the deduction of any fees or expenses. The gross rate of return is quoted ...
  2. Debit Spread

    Two options with different market prices that an investor trades on the same underlying security. The higher priced option ...
  3. Leading Indicator

    A measurable economic factor that changes before the economy starts to follow a particular pattern or trend. Leading indicators ...
  4. Wage-Price Spiral

    A macroeconomic theory to explain the cause-and-effect relationship between rising wages and rising prices, or inflation. ...
  5. Accelerated Depreciation

    Any method of depreciation used for accounting or income tax purposes that allows greater deductions in the earlier years ...
  6. Call Risk

    The risk, faced by a holder of a callable bond, that a bond issuer will take advantage of the callable bond feature and redeem ...