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#1
11-20-2006, 11:04 PM
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Vehicle Tax Write-offs
I couldn't think of anywhere else to put this. I have been working at a job for the past 6 months that requires me to use my personal vehicle. I didn't have a practical vehicle, so... I bought one. The vehicle has been used 90% of the time for work. My question is, when I go to write it off on my taxes, does the purchase amount apply or do I receive reimbursement for milage only? I couldn't seem to find it on the net for some reason. Oh and the vehicle was paid in full, there is no lein on it.
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Lexus SC300 (Kazera KZa 18"x8.5" 245/40 (front), 18"x9.5" 275/35 (rear)... put on hold. Civic Hatchback Si (I/H/E, d16z6 head, H&R springs/tokico blues, etc.) 94 Prelude Si (Sold!) Former PureHonda.com member since Dec. 00 "For to me, to live is Christ and to die is gain." Pilippians ONe21 
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#2
11-20-2006, 11:07 PM
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Re: Vehicle Tax Write-offs
I think you can only claim mileage. You can get more info here: www.irs.gov
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Thought for the Day… Alcohol does not make you fat - It makes you lean... against tables, chairs, floors, walls and ugly people.  If a prostitute here in America loses her job to a prostitute in India , is that considered "outwhoring"??-Jay Leno
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