Milage counted as income?

December 27th, 2011 by Questions

I get paid per kilometer for use of my car, I pay fuel and other associated costs. Since I go out of pocket for this and get reimbursed through the milage , is considered income?

Posted from: Alberta


One Response to “Milage counted as income?”

, A licensed trustee said:

You need to ask your trustee how they would like to see this reported – if you claim the mileage then you should be able to deduct the “real costs” incurred to earn it (gas, maintenance, insurance, etc, etc).

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