Interesting question on mileage and mutliple jobs

From: Scott <radinfo1_at_gmail.com>
Date: 4 Aug 2006 11:55:31 -0700

I have a hypothetical situation that I would like to clarify the tax implications on if I do pursue it.

I currently have a full time job (W-2 type) that i commute 100 miles round trip 5 days a week. I realize this is all non deductible mileage.

I am thinking of starting a home based consulting/newsletter business. I plan to get up 2 hrs early each morning to assembly and email a newsletter to subscribers. Drive to my other job work 8 hrs and return home and work for 2 more hours publishing a newsletter update.

My question is does this make the 100 miles round trip a deductible expense subject to the 2% AGI exemption?

Thanx Received on Fri Aug 04 2006 - 11:55:36 PDT