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Old 04-15-2007, 05:03 PM
Victor Roberts
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Default Re: Filing taxes first time. One deduction question.

"skysi" <skysis[at]gmail.com> wrote:

- quote -

> I'm not a citizen or even permanent resident yet, but want
> to start filing my taxes as a sole proprietor (form 1040 and
> Sch C, etc. I'd like to the Standard Vehicle deduction and
> calculated it to be around $1800.The only problem is I don't
> have any records (lost my log book). Will the IRS accept my
> deduction if I can't send the records together with my
> return?


Do you mean the Standard Mileage Rate instead of actual
cost? As far as I know, records to support the Standard
Mileage Rate are never sent with the return, but need to be
available if you are audited. Even in the absence of the
log book you should be able to recreate much of the data by
using your daily calendar or appointment book.

--
Vic Roberts
Replace xxx with vdr in e-mail address.

<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ------------------------------------------------------- >
  #-1  
Old 04-09-2007, 06:51 AM
skysi
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Posts: n/a
Default Filing taxes first time. One deduction question.

I'm not a citizen or even permanent resident yet, but want
to start filing my taxes as a sole proprietor (form 1040 and
Sch C, etc. I'd like to the Standard Vehicle deduction and
calculated it to be around $1800.The only problem is I don't
have any records (lost my log book). Will the IRS accept my
deduction if I can't send the records together with my
return?

Thanks.

<< ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >
 

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deduction, filing, question, taxes, time
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