Where do you report the personal use of an auto that was not reported in your W-2?

Answer If the personal use of the auto is considered income then it would be reported as miscellaneous income on line 21 of Form 1040. You should check with the payroll department to find out why it was n... Read More »

Top Q&A For: Where do you report the personal use of an auto...

Does your personal auto insurance covers an accident while running errands in your personal car for your employer?

If your auto is damaged in a hit and run while parked in the driveway should you use the personal property rider on your auto insurance to cover it?

Answer That would be considered a hit and run which would fall in the comp/coll portion of an insurance policy

What is a personal credit report?

A personal credit report contains information used by lenders and creditors to check credit ratings and determine eligibility for loans. It also can be used to check for signs of potential fraud or... Read More »

How to Get a Copy of a Personal Credit Report?

Your personal credit report contains information about your debts and payment history. Both past and current debts are reflected on your credit report. Lenders review your credit records before det... Read More »