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Re: Mileage deduction and when is time to...
Posted by Carolyn Bodley of CO on 5/11/21 6:17pm Msg #632006
IRS has publications to review. Bottom line, if you make a profit on the sale of car above claimed biz mileage over the years, you will have to claim on your taxes. Similar to claiming biz office in your home and selling the house.
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Messages in this Thread
 Mileage deduction and when is time to... - Calnotary on 5/10/21 9:07pm
 Re: Mileage deduction and when is time to... - VT_Syrup on 5/11/21 5:58am
 Thank you Mr. Ashton I will look in to that publication n/m - Calnotary on 5/11/21 12:01pm
 I'm confused. We either take the mileage deduction or -  MW/VA on 5/11/21 9:44am
 Re: I - Calnotary on 5/11/21 12:00pm
 Re: Mileage deduction and when is time to... - Calnotary on 5/11/21 12:29pm
 Re: Mileage deduction and when is time to... - Luckydog on 5/11/21 4:30pm
 Re: Mileage deduction and when is time to... - Carolyn Bodley on 5/11/21 6:17pm
 Re: Mileage deduction and when is time to... -  JanetK_CA on 5/11/21 8:14pm
 Re: Mileage deduction and when is time to... - Carolyn Bodley on 5/12/21 7:42am



 
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