Company Car

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dhirenasha
Posts: 57
Joined: Fri Nov 23, 2007 9:31 am
Location: USA

Company Car

Post by dhirenasha »

Friends,

I m in middle of the negotiation for a new job in US where the company is providing me a car. I m assuming I would use this car for both personal use (house to work) and business use. Say 50:50 for both the uses. Consider the expenses as lease value, gas, insurance and maintainence.

Which of these expenses would be reported on my W-2? And how would the company calculate it?

Help would be appreciated!!!
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