tax deduction?
if vehicle was put into use 11-1-05 does it sound too drastic claiming 17500 business miles for the job of Roadside assistance? i have records, i thin...
if vehicle was put into use 11-1-05 does it sound too drastic claiming 17500 business miles for the job of Roadside assistance?
i have records, i think i stretched it…but there was times on my job that i would go 20+ miles and not get the call so therefore it is not "technically" on record…but that is wear and tear on my vehicle, gas, tolls, etc. I feel that just because of those many many incidents that 17500 is a fair number.
This will probably throw up a flag. Be sure that if you are going to file it this way you have proper support to back it up. If it is for such a business, you should have appropriate documentation for all mileage driven. You need accurate records of each day that the vehicle was used. Assuming that you have this support, there is nothing that the IRS can do but allow the deduction. It might be a good idea, if you are filing by mail, to just send in a copy of your records to aviod any contact from them at all.
Also, make sure that you are only deducting work miles. Commute and any personal use are non-deductible
Considering that the average American drives 15,000 miles a year I do not think this would throw a red flag.
It does not matter how much you claim as long as you can back it up if you are audited.
yes, unless that’s what your odometer actually says….