peauff
Level 3

Is there a preferred method for reimbursing an S Corp shareholder/officer for business use of their vehicle?  They have identified business, commuting and total miles driven.  My understanding is that if reported on the S Corp return only actual expenses reimbursed to the officer can be claimed.  Would it be best to claim $.58 per mile X business miles on their personal 1040? 

0 Cheers