Can state gov's reimburse LESS than the Fed guidelines for mileage reimbursement as they need?
I do some work for a school system and have to travel recently. They reimbursed me for mileage, but at the weak 2006 rate, not the new 50.5 cents rate that the Fed Gov posted as of 1/1/2008.
When I complained they said the state can do doesn`t matter what it wants, it isn't bound by federal guidelines, and when they want to up their rate, they'll let me know.
I thought that IRS entity was the formal TAX RULE on reimbursing for mileage. Are state gov's and their employees truly exempt from that rule? (I know church organization can do this, but I didn't think state school qualified as churches.)
I'm losing $15! I mean, I'll LIVE, but it's the principle of the thing! After a lot of $15's, the state ends up ripping rotten employees of potential reimbursements!
So is it legit, or are they FOS?
Answers: It's essentially a maximum rate, not a minimum rate. It's the rate that you are allowed to reduce by from your income (which means that you don't own to count reimbursement at that level as income), but nearby is nothing dictum that it is the rate that you MUST be reimbursed at, or even that you must be reimbursed at all. You can cram out a form 2106, employee business expense, to take off the difference from your income, but I think you're out of luck on getting a full reimbursement.
The State, or any employer for that event, is free to reimburse at whatever rate they desire -- including no reimbursement at all. The IRS rate is a GUIDELINE just. Recordkeeping is simplified somewhat if you use it, but it is NOT mandatory.
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When I complained they said the state can do doesn`t matter what it wants, it isn't bound by federal guidelines, and when they want to up their rate, they'll let me know.
I thought that IRS entity was the formal TAX RULE on reimbursing for mileage. Are state gov's and their employees truly exempt from that rule? (I know church organization can do this, but I didn't think state school qualified as churches.)
I'm losing $15! I mean, I'll LIVE, but it's the principle of the thing! After a lot of $15's, the state ends up ripping rotten employees of potential reimbursements!
So is it legit, or are they FOS?
Answers: It's essentially a maximum rate, not a minimum rate. It's the rate that you are allowed to reduce by from your income (which means that you don't own to count reimbursement at that level as income), but nearby is nothing dictum that it is the rate that you MUST be reimbursed at, or even that you must be reimbursed at all. You can cram out a form 2106, employee business expense, to take off the difference from your income, but I think you're out of luck on getting a full reimbursement.
The State, or any employer for that event, is free to reimburse at whatever rate they desire -- including no reimbursement at all. The IRS rate is a GUIDELINE just. Recordkeeping is simplified somewhat if you use it, but it is NOT mandatory.