[Dixielandjazz] [!! SPAM] Re: Tax deductions

[PHIL WILKING]

I accept whatever Turbo-Tax puts in.

I played about one nursing home a month last year (fewer than usual). It 
still came out to about 350 miles. Even at 14¢ a mile, that's $49 in 
expense, which will come out to at least $10 less federal tax.

I think it's worth 15 seconds each trip to record it on a piece of paper and 
claim it: $10 for 3 minutes total time is $200 an hour (after tax).

Phil Wilking

Those who would exchange freedom for
security deserve neither freedom nor security.

----- Original Message ----- 
From: "Kay Spencer" <kay2840 at yahoo.com>
>
>  While I'm sure 40cents a mile adds up quickly, I would recommend only 
> deducting 14 cents a mile for charity related mileage for the 2007 tax 
> year.  (The allowable deduction for business mileage is 48.5 cents and 
> medical or moving mileage is 20 cents.)
>