
Mon Apr 24, 2006, 11:01am
|
Official Forum Member
|
|
Join Date: Sep 2000
Location: Twin Cities MN
Posts: 8,154
|
|
Quote:
Originally Posted by BktBallRef
Your opinion is incorrect, based on a post by a CPA on the Basketball board.
|
From the IRS. Who do you believe?
Quote:
Car Expenses
To take a business deduction for the use of your car, you must determine whether the use was business or personal.
If the answer is personal, no deduction is allowed. Personal use includes commuting – driving from your home to your regular place of work.
A deduction may be allowed if you have multiple jobs or businesses. Driving from your home to “business one” is commuting, but driving from “business one” directly to “business two” is deductible. Also, you are usually allowed to deduct transportation costs for going from your home to temporary workplace regardless of the distance.
Deductible car expenses can include the cost of 1) traveling from one workplace to another, 2) making business trips to visit customers or attend business meetings away from your regular workplace, 3) going to temporary workplaces.
|
__________________
Tom
|