Station Vehicle

November 25, 2013 forum topics
How many of you take home a station vehicle? If so do you fill out some sort of form to be taxed on by the government.

So a friend of mine called me this weekend asking that question. The 15 years I spent in local news I took a vehicle home and no I never was taxed or filled out a form. He explained that his station sent out a year end form to fill out how many times he used his vehicle to drive back and forth to work. They are charging him $3.00 a day or $1.50 each way by adding it to his gross wage at the end of the year to be taxed that way.
That’s not a bad deal considering gas prices today! I asked some friends at other stations in other markets and they also said no they do not fill out any forms.