How can you claim a Hummer on your taxes?

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How can you claim a Hummer on your taxes?

2007-02-18 02:15:01 · 3 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States

3 answers

You can't, unless it's being used for business purposes. If so, it's treated like most other vehicles unless you're claiming a Section 179 deduction where the deduction is limited to $25,000 regardless of what you paid for it.

2007-02-18 02:45:10 · answer #1 · answered by Bostonian In MO 7 · 1⤊ 2⤋

I guess she will have to sigh some sort of contract... Take pictures of the knees for proof...

2007-02-18 10:18:59 · answer #2 · answered by Anonymous · 3⤊ 0⤋

Put in a bathroom and a kitchen and call it a second home.

2007-02-18 10:32:00 · answer #3 · answered by strawberrycrush 4 · 0⤊ 2⤋