taxes

James Grebe pianoman@inlink.com
Wed, 09 Apr 1997 20:28:47 -0500



----------
> From: Warren Fisher <fish@COMMUNIQUE.NET>
> To: pianotech@byu.edu
> Subject: Re: taxes
> Date: Wednesday, April 09, 1997 7:11 PM
>
> James Grebe wrote:
> >
> > Dear List,
> >         Have any of you who have a vehicle that is soley (100%),
therefore fully
> > deductable seen the question on this years tax return.  It is on the
back
> > page of form 4562 Depreciation and Amortization.  Part V line 32 and
> > states,
> >          "Was the vehicle available for personal use during off-duty
hours?  May I
> > ask what is the difference.  What does that have to do with anything.
> > line 35 already asks if there is another vehicle you use for personal
use.
> >
> > Is the IRS getting ready to pull something on us.  If we have a
business
> > deductable let-off tool with handle is that going to mean that if we
have
> > that tool available for personal use during off duty hours then in the
> > future it may not be 100% deductable.  Time will tell.  The IRS police
are
> > always watching.  I don't know about you guys but I got soaked for
another
> > thousand extra this year towards last year.  I guess I need to buy a
lot
> > more tools this year and have them not available for off-duty use :)
> > James Grebe from St. Louis
> > pianoman@inlink.com
>
> James,
>
> I looked it up in my 96 return and my accountant left that whole page
> blank.  I think it refers to a truck that one of your employees might be
> using.
>
> Hope this helps,
> Warren,

Actually my business vehicle is a truck, A 1995 Mazda B-2200 estended-cab.
James Grebe from St. Louis>
pianoman@inlink.com
 Warren
> --
> Home of The Humor List
> Warren D. Fisher
> fish@communique.net
> Registered Piano Technician
> Piano Technicians Guild
> New Orleans Chapter 701
>




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