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| <milosnik.boczku[at]gmail.com> wrote - quote - > I'm independent IT Consultant in NYC (self employed). I'm
Luckily, you can take the standard mileage deduction for the> going to buy a scooter or a small motorbike soon. I need it > as an alternative, more effective way of transportation > between my clients. Is there any chance to deduct any $ I > spent on a scooter, an insurance, a gasoline, a maintenance, > and parking etc? Apologize for a silly question, I am new > in the US. business miles, currently at 44 1/2 cents per mile no matter how efficient your vehicle is. But - taking the standard mileage rate trumps the deduction of the scooter, gas, etc. But it's a lot easier to account for, and with a vehicle that is economical, you'll get a bigger deduction than actual cost. -- Paul Thomas, CPA paulthomascpapc[at]bellsouth.net << ================================================== ===== > << 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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| milosnik.boczku[at]gmail.com wrote: - quote - > I'm independent IT Consultant in NYC (self employed). I'm
IRS provides no optional mileage rate for this vehicle. So,> going to buy a scooter or a small motorbike soon. I need it > as an alternative, more effective way of transportation > between my clients. Is there any chance to deduct any $ I > spent on a scooter, an insurance, a gasoline, a maintenance, > and parking etc? you claim actual expenses plus depreciation as though it were a car. See IRS Pub 463. Fred F. << ================================================== ===== > << 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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| I'm independent IT Consultant in NYC (self employed). I'm going to buy a scooter or a small motorbike soon. I need it as an alternative, more effective way of transportation between my clients. Is there any chance to deduct any $ I spent on a scooter, an insurance, a gasoline, a maintenance, and parking etc? Apologize for a silly question, I am new in the US. Thank you, MB << ================================================== ===== > << 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. > << ================================================== ===== > |