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Originally Posted by RR9501 -------------------------------------------------------------------------
ok
1) why can you not claim your tv that u use in your truck for educational purposes and entertainment as well?
2) explain why you CAN deduct your ATM/Bank fees?
3) how do you estimate $14.00 for laundry services?...you seem to be wearing too many clothes at a time,.,.lol
now i'm home every weekend unless i choose to stay out longer and i do my laundry every weekend when i come home, can i not deduct laundry anyway? |
*TVs are regarded as sources of entertainment...I don't think you can claim them for educational purposes. As far as DVD's, you CAN claim them for educational purposes...BUT, I think there might be a limitation to that deduction where you can only claim it if it is educational towards your field that you are in. IE...you can't claim educational dentistry stuff, but maybe management, bookkeeping...etc.
*im not sure on the ATM stuff, but I have heard that you can deduct them...mainly because your job requires you to be away from home and as such, you don't have easy access to money, so you can claim the ATM fees.
*Laundry CAN be expensive and many coin op machines handle smaller loads than what your machine at home can. Its not uncommon to see a washer cost 2-2.50 per load, and dryers cost about 50 cents per 20 minutes usually.
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Basically, if it is bought for the truck, used in the truck, I would see no problem with the deduction.
I have professionally prepared tax returns since 1982. I have been an enrolled agent with the IRS since 1986.
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Well, I listen to a tax accounting geek on Dave Nemos show every week. John Turner is a CPA and in his spare time, goes over tax law. I dont know how many times a week he has to say that the person calling in...Their tax preparer is not that well versed in tax law. Many people, they call in with a question in regards to their taxes, that their tax preparer says is ok, or NOT ok...and he has to counter it, saying its not ok, or it IS ok to deduct.
IE...many people call in with high hopes of buying a spendy cell phone, spendy computer, and all the bells and whistles, thinking they can take it off, legally. However, many times, his answer in regards to this is that it HAS to be used for the business a majority of the time. If you buy a 3 grand laptop, and use it for 20 minutes a week looking for loads and 65 hours surfing the net, that is not a valid deduction.
Now, Im not trying to be sarcastic here and I know that you are a agent...but...just because someone says its ok...that doesnt mean it is.
Case in point...
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Basically, if it is bought for the truck, used in the truck, I would see no problem with the deduction.
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and then what the IRS says as far as education expenses, such as DVD's...
"To be deductible, your expenses must be for education that maintains or improves your job performance or serves the purpose of your employer and is required by the employer or by law to keep your salary, status or job. "