2007-05-24 06:58:46 · 7 answers · asked by apm2006 3 in Business & Finance ➔ Taxes ➔ Other - Taxes
No. They are not necessary to the production of income. Now, if you paid to park in a parking lot, THAT would be a legitimate tax deductible business expense.
2007-05-24 07:46:22 · answer #1 · answered by Bostonian In MO 7 · 2⤊ 0⤋
No, fines for offenses are NOT deductible even if incurred on a business trip. They aren't ordinary and necessary business expenses - you didn't have to park illegally, that was your choice, so your nickel to pay the fine.
2007-05-24 07:01:57 · answer #2 · answered by Judy 7 · 3⤊ 0⤋
No. Parking your motor vehicle everywhere that's parked once you're at artwork isn't deductible. Parking is deductible in uncomplicated terms once you're on a business enterprise trip, travelling purchasers, or in any different case driving to someplace different than artwork. in case you may desire to pay for parking and you may desire to stroll a million/2 mile, it could make extra experience to take a bus or prepare, somewhat of driving.
2016-11-26 23:30:56 · answer #3 · answered by Anonymous · 0⤊ 0⤋
On a business trip if a ticket is a result of being tied up in a meeting and unable to get away then you should view it like you would the charge for parking in a parking garage; and write it off. You have an arguable point; many cities use rinky-dinky rules to generate parking revenue; play the game. The worst thing is that you can be slapped around and told no.
2007-05-24 08:03:52 · answer #4 · answered by acmeraven 7 · 0⤊ 4⤋
Are Parking Tickets Deductible
2017-03-01 13:47:42 · answer #5 · answered by ? 4 · 0⤊ 0⤋
The only time these payments are deductible are when an employer pays the fine which is strictly the responsibility of the employee.
This is because the employee will suffer tax on this payment as an "employment-related payment".
2007-05-24 07:46:27 · answer #6 · answered by tringyokel 6 · 0⤊ 4⤋
The answer to that question would be no!
2007-05-24 07:01:43 · answer #7 · answered by Willie J 5 · 4⤊ 0⤋