Taxes - My Tax Return

Are the taxi fares I receive for working in an unsafe area, taxable to me ?

If you are not considered a highly compensated employee or officer, corporate director or owner of 1% or more of the company and your employer pays for your taxi because you are working in a "unsafe" area, then only $1.50 for each one way trip is taxable to you. Speak to your local CPA about the "unsafe" definition and the taxi payments deductibility.

Need Professional Help?

If you need help with "Taxes - My Tax Return" or have other tax questions, we can help you find a local licensed tax preparer for a free, no-obligation consultation.