04-06-2006, 04:08 AM
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 Re: Owner Operator Over the Road Tractor Unit menawach[at]msn.com wrote: - quote - > Can an individual who owns and operates his own over the
No. No. No. If the tractor is *for hire*, which it is, you> road tractor unit use the standard mileage method? Didn't > see anything in Pub 463 why a qualified nonpersonal-use > vehicle can't use the standard mileage rate. can not take the SMR. You must use the actural expenses. Missy Doyle << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
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#-1
04-05-2006, 08:12 AM
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| Owner Operator Over the Road Tractor Unit Can an individual who owns and operates his own over the road tractor unit use the standard mileage method? Didn't see anything in Pub 463 why a qualified nonpersonal-use vehicle can't use the standard mileage rate. R Smith, EA Dunlap TN << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
| Tags |
| operator, owner, road, tractor, unit |
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