GAmes said:When you use your truck to make money (the example the IRS gives is a taxi) you HAVE to use actual expenses, and can not use the mileage deduction. The ones who can deduct miles use their vehicle to maintain their business (like a plumber). Just something else to worry about, keeping EVERY recipt for fuel, maintanence, parts, etc, etc. You can take the standard deduction for meals, but the day you leave home and the day you return are only 3/4 deductions.
DBabbitt said:Decided to try the "FEMA" thing. I've now pulled two 30' campers for Horizon at 1. 06/mile from Wakarusa, IN to Purvis, MS. Round trip can be done in 2 days, about 17 hrs each way. I have family very near Purvis so I have a rest point between trips and sleep in the back seat mid-trip. Horizon has pretty clean showers for drivers available 24 hrs. They are a pretty organized operation. You can stay loaded with no waiting to get a load if you call ahead. Don't know how long I will keep doing it though because of the empty runs back. I would like to find some backhauls if anyone has any ideas.
PatrickCampbell said:Games are you sure about that?
I have always been under the impression that you can deduct either miles, or actual expenses, but not both.
But I could be very wrong.
If you are right, then a lot of people I have talked to are wrong just like I am![]()
PatrickCampbell said:Games are you sure about that?
I have always been under the impression that you can deduct either miles, or actual expenses, but not both.
But I could be very wrong.
If you are right, then a lot of people I have talked to are wrong just like I am![]()