Mileage deduction on personal tax return of member in multi-member LLC

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Submitted by Anonymous on Mon, 2010-01-18 10:05.

As a member in a multi-member LLC, I receive guaranteed payments (salary) for daily operations of the LLC. I am the only member who receives guaranteed payments. Can I deduct mileage for the use of my personal vehcle on my personal return without running the deduction hrough the LLC?

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IRS Circular 230 Disclaimer: Pursuant to Internal Revenue Service guidance, be advised that any federal tax advice in this communication, including any attachments or enclosures, was not intended or written to be used, and it cannot be used, by any person or entity for the purpose of avoiding penalties imposed under the Internal Revenue Code.

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Mileage deduction on personal tax return of member in multi-member LLC

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