Announcement

Collapse
No announcement yet.

Se taxi mileage deduction

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    Se taxi mileage deduction

    In TTB, it states that for 2011 taxis can take the standard mileage rate. Previously taxi's for hire had to use actual expenses. I can't find this anywhere in the IRS publications. Has anyone else found it? Is this still true for 2012?

    #2
    Originally posted by JenMO View Post
    In TTB, it states that for 2011 taxis can take the standard mileage rate. Previously taxi's for hire had to use actual expenses. I can't find this anywhere in the IRS publications. Has anyone else found it? Is this still true for 2012?
    IRS Pub 463. Page 2, 1st column, "Cars for hire....", also page 16, top of middle column "Note...".
    Jiggers, EA

    Comment

    Working...
    X