went bad with the dealer, it was used 3700, i owe 455, bad trans and probably bad motor, anyway long story short, can I use the reciepts that I have saved for my taxes this coming year along with my w2's. I have every reciept plus other ones. Can I use them all on my taxes?
2007-09-25 02:49:22 · 6 answers · asked by Keisha M 1 in Business & Finance ➔ Taxes ➔ United States
these were not repairs, this was paying for a used car that i ended up losing because he screwed me in the end.
2007-09-25 03:43:23 · update #1
If you use it for business purposes, yes, if you use it drive back and forth to work, no.
2007-09-25 02:54:17 · answer #1 · answered by Anonymous · 0⤊ 0⤋
No, sorry, none of your expenses on the car are tax deductible for a personal car. If it was being used for business, some of it might be - but this does NOT include commuting to work and back.
2007-09-25 10:46:15 · answer #2 · answered by Judy 7 · 0⤊ 0⤋
Do not fall in a similar trap of mine. I ,after experience, go for brand-new, low price, and acceptable quality.
1- Brand new gives you the feeling of self satisfaction
2- Low price that you'l never be sorry to get rid of it the time you decide to.
3- Acceptable quality that guarantees no failure in the near future and for at least 2-3 years.
Wish you good luck
2007-09-25 09:56:20 · answer #3 · answered by My-E 3 · 0⤊ 1⤋
You cannot deduct automobile expenses on your tax return unless it's a vehicle used solely for business purposes and you can prove it. Talk to your accountant.
2007-09-25 09:52:24 · answer #4 · answered by kja63 7 · 0⤊ 0⤋
Unelss the car is used for business, repairs are not deductible.
2007-09-25 09:53:24 · answer #5 · answered by Bostonian In MO 7 · 0⤊ 0⤋
no
2007-09-25 09:52:29 · answer #6 · answered by Anonymous · 0⤊ 0⤋