Originally Posted by
macteacher
no...just a high school teacher who rides to work
The deductibility of riding a bike for your commute is the same as driving your car - zero, assuming Canadian tax rules are similar to US rules. As another poster pointed out, if the bike is being used for work other than a commute, mileage deductions or reimbursements from the employer may be available. That's how it works for me - if I go to a meeting at another building, I can charge mileage and get reimbursed and my employer gets a business expense. If my self-employed wife drives to a meeting, it's deductible mileage off business income (or a % of annual vehicle expenses). For individuals in the US, it's a miscellaneous deduction subject to a minimum % of income, or a straight business expense if they're filing a business return.
In theory, I could probably do the same with bike mileage if my employer's policy wonks interpret "bike" as "personal vehicle" or whatever the policy calls it. I haven't tried - yet
