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Mileage Deduction for Partnership 1065?

JOSEJARAG
Level 1

where do you enter the mileage deduction in Proseries for Form 1065? (2 member partnership). Both own seperate vehicles that they drive. I do not see the area for unreimbursed partnership expenses. 

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3 Comments 3
Just-Lisa-Now-
Level 15
Level 15

UPE goes on their own 1040s, you wouldn't include it on the 1065.


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JOSEJARAG
Level 1

so assuming one drove 8000 miles, they would take the cent per mile deduction and calculate it , and put it on the 1040s? Just want to ensure there is not a separate Car worksheet to fill out. 

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Just-Lisa-Now-
Level 15
Level 15

The better way to do it is have the partnership reimburse the partners for their expenses. Then the partnership can deduct them and the partners are compensated for out of pocket expenses.   

They may want to add that to the partnership agreement for 2023.

I havent dug through the UPE section in a few years, Im not sure if a car/truck worksheet is included in there or not. 


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