I apologize if this is an old, old question:
Client paid his auto registration renewal, and his notice from the motor vehicles department says that the fees broke down as follows:
registration fee: $41
license fee: $13 "may be an income tax deduction"
weight fee: $24
special plate fee: $0
county/district fees: $10
owner responsibility fee: $0
Total money required to be paid: $88
This truck (a 10-year-old pickup truck) is not used in business. How much of all this is an allowable deduction on Schedule A?
Client paid his auto registration renewal, and his notice from the motor vehicles department says that the fees broke down as follows:
registration fee: $41
license fee: $13 "may be an income tax deduction"
weight fee: $24
special plate fee: $0
county/district fees: $10
owner responsibility fee: $0
Total money required to be paid: $88
This truck (a 10-year-old pickup truck) is not used in business. How much of all this is an allowable deduction on Schedule A?
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