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

Does your personal auto insurance cover an accident that might occur while driving for business purposes in a sales job?

How do I report an auto accident that wasn't my fault?

Collect InformationGarner as much information from the other driver as possible, including license plate number, driver’s license number, driver’s name, address and phone number. Also collect t... Read More »