[quote]csulli wrote:
Beans I’ve been driving to and from work for years. What form do I need to fill out to get the government to cover 100% of the cost of my vehicle at the time of its purchase?
Thanks[/quote]
lol.
Like I said, if it is for business use and not commuting, cash flow considerations dictate that getting reimbursed is much better than taking a deduction.
[quote]countingbeans wrote:
[quote]csulli wrote:
Beans I’ve been driving to and from work for years. What form do I need to fill out to get the government to cover 100% of the cost of my vehicle at the time of its purchase?
Thanks[/quote]
lol.
Like I said, if it is for business use and not commuting, cash flow considerations dictate that getting reimbursed is much better than taking a deduction. [/quote]
[quote]NickViar wrote:
[quote]pittbulll wrote:
[quote]countingbeans wrote:
Yes, I’m trying to make you “shut up” about it, because you look like an idiot and are spreading misinformation. [/quote]
the fact I can not write off as a business expense for being employed that I can for being self employed .that is a fact [/quote]
He already covered this.[/quote]
please bump his answer , thanks
[quote]pittbulll wrote:
please bump his answer , thanks
[/quote]
[quote]countingbeans wrote:
Commuting to and from work isn’t a deductible expense in either case. Commuting is not considered a business expense. The ride, expense, use, or anything related to the drive from your driveway to the main office of your employer isn’t deductible. (If you don’t have a main off, the trip to the job site is commuting and non-deductible as well.)
However, whether self employed or W2 employee, business use of your vehicle is deductible. Those would be the trips from the office to the job site in which you use your personal vehicle for business use as a W2 employee.
Now, only a fucking moron would choose to deduct this rather than get a reimbursement for business use of personal vehicle from their employer. Out of all the clients my firm services there isn’t a single one that doesn’t reimburse employees for business use of their vehicle.[/quote]
[quote]NickViar wrote:
[quote]pittbulll wrote:
please bump his answer , thanks
[/quote]
[quote]countingbeans wrote:
Commuting to and from work isn’t a deductible expense in either case. Commuting is not considered a business expense. The ride, expense, use, or anything related to the drive from your driveway to the main office of your employer isn’t deductible. (If you don’t have a main off, the trip to the job site is commuting and non-deductible as well.)
However, whether self employed or W2 employee, business use of your vehicle is deductible. Those would be the trips from the office to the job site in which you use your personal vehicle for business use as a W2 employee.
Now, only a fucking moron would choose to deduct this rather than get a reimbursement for business use of personal vehicle from their employer. Out of all the clients my firm services there isn’t a single one that doesn’t reimburse employees for business use of their vehicle.[/quote][/quote]
In my case this is not true , my home was my business address , my customer was my work and I did get to write off going to work
Just write off everything you think you should get Pitt, and let us know how it goes.
[quote]pittbulll wrote:
In my case this is not true , my home was my business address , my customer was my work and I did get to write off going to work
[/quote]
So… You’re entire post was 100% disingenuous in the first place?
If you can’t literally see the distinct differences now, no one can help you.
[quote]pittbulll wrote:
My point was it does not matter whether a Corporation makes profit or not . That CEO will be adequately compensated
[/quote]
Just like every other employee.
Lol, glad I read the rest of the thread. I needed a good laugh.
[quote]countingbeans wrote:
[quote]pittbulll wrote:
In my case this is not true , my home was my business address , my customer was my work and I did get to write off going to work
[/quote]
[/quote]
You didn’t get to write off “going to work” because you did not, in this case, commute anywhere.
Come on man…
[quote]countingbeans wrote:
[quote]pittbulll wrote:
My vehicle when self employed was pretty much exclusive to my business[/quote]
Impossible. But the IRS isn’t going to audit a little guy for that.
[quote] , At present I have a Toy Tacoma as personal and and MR2 that is pretty much exclusive for transportation to and from the place I earn an income
[/quote]
Neither are deductible whether self employed or not. Commuting is not business use.
[/quote]
4 years with that and never been audited .
So you are telling me the trucking industry does not write off it’s miles or equipment ?
[quote]countingbeans wrote:
[quote]pittbulll wrote:
http://www.section179.org/awesome_vehicles_that_qualify_as_a_write_off.html[/quote]
This is still subject to business use limitations.
I’m going to continue the personal insults every time you try and talk about things you don’t understand.
Yes, I’m trying to make you “shut up” about it, because you look like an idiot and are spreading misinformation. [/quote]
my point is even though I work for some one else , my travel is crucial for me to make money
[quote]pittbulll wrote:
[quote]countingbeans wrote:
[quote]pittbulll wrote:
http://www.section179.org/awesome_vehicles_that_qualify_as_a_write_off.html[/quote]
This is still subject to business use limitations.
I’m going to continue the personal insults every time you try and talk about things you don’t understand.
Yes, I’m trying to make you “shut up” about it, because you look like an idiot and are spreading misinformation. [/quote]
my point is even though I work for some one else , my travel is crucial for me to make money
[/quote]
Holy fuck. Then write your rep. The simple fact of the matter is: the business use of a vehicle doesn’t have different rules. You can still deduct actual business use, but would be fucking stupid to not ask for reimbursements because the cash flow will be better.
[quote]pittbulll wrote:
So you are telling me the trucking industry does not write off it’s miles or equipment ?
[/quote]
Either you’re not reading my posts or trolling. You can’t be this vapid and still use a keyboard.
[quote]Chushin wrote:
[quote]countingbeans wrote:
[quote]pittbulll wrote:
Why can I deduct my vehicle which is crucial for me to earn a living when self employed ?
But I can not deduct my vehicle which is crucial for me to earn a living when I work for some one else ?
[/quote]
Because you are a fucking idiot.
[/quote]
Ha! I just wrote this on another thread.[/quote]
I hope you wrote you are an ID10T
[quote]pittbulll wrote:
[quote]countingbeans wrote:
[quote]pittbulll wrote:
[quote]countingbeans wrote:
[quote]pittbulll wrote:
I agree my world is pretty straight forward , not a lot of smoke and mirrors like accounting .[/quote]
You haven’t the slightest idea what you are talking about, but this is typical for you.
You mean he gets paid like every single other employee of the company, before debtors and the government?
Shocking!
Those evil 1%'s think they get equal treatment under the law, how absurd.
[/quote]
I do not know many Officers making minimum wage
[/quote]
you mean, it doesn’t matter what wage you make, you are equal under the law?!?!?!
OMG!
What is wrong with this country?[/quote]
I have been the CEO of 3 Corporations :)[/quote]
Lol. And all 3 are out of business.
[quote]pittbulll wrote:
2 of those I was working as a retailer in the Real Estate market [/quote]
WTF is that?
A person that mows lawns is not a “CEO of a landscaping company”!
[quote]NorCal916 wrote:
[quote]pittbulll wrote:
2 of those I was working as a retailer in the Real Estate market [/quote]
WTF is that?
A person that mows lawns is not a “CEO of a landscaping company”![/quote]
I’m glad that someone else questioned this post of pittbulll’s. I was trying to wrap my head around someone calling himself a CEO for having sold his property(at least, I assume that’s what he meant when he said he worked as a retailer in the real estate market).