All Hokie, All the Time. Period.

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RTFC

Joined: 8/8/03 Posts: 3642
Likes: 1221


Not a CPA and didn't even sleep at a Holiday Inn last night


but I think this exemplifies one of the reasons some of the tax law changed. You stated you received untaxed income to cover car expenses, then want to deduct car expenses you do have.

Unless you are an independent contractor and file a business Schedule C why should you get to deduct expenses you've already been paid for?

I really don't mean this to come across snarky, but new code does seem a little simpler - I mean why waste effort counting up pennies, nickles and dimes (then spend money having government "verify" it) when we can just give everyone two quarters. Helps some, hurts some - more efficient for all.

(In response to this post by MP4VT2004)

Posted: 02/12/2019 at 2:19PM



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Current Thread:
 
  
CPA: What % of your clients are actually paying more? -- VaAkita 02/12/2019 12:10PM
  Yes 80 percent paid less in taxes -- capitals1 02/12/2019 1:12PM
  Not true ** -- 133743Hokie 02/12/2019 3:15PM
  Individual cuts expire at the end of 2025 ** -- hucareshokiesrul 02/12/2019 1:41PM
  I have a few guesses where he heard it. ** -- hokie80 02/12/2019 1:31PM
  Thanks for the narrative. ** -- hokie80 02/12/2019 1:28PM
  So I was off by a couple years. -- VTSnake 02/12/2019 2:07PM
  Oh. The. Irony. ** -- hokie80 02/12/2019 2:13PM
  What is my ilk? -- hokie80 02/12/2019 2:43PM
  He's a troll. ** -- vtbones 02/12/2019 2:24PM
  Nope. I just call out a political narrative.. -- hokie80 02/12/2019 2:39PM
  Why shouldn't the working stuff have known this? -- hokie80 02/12/2019 1:15PM
  You are correct, Roth is post tax. ** -- EDGEMAN 02/12/2019 2:32PM
  I'll let you know Feb. 27 ** -- WestyHokie 02/12/2019 1:31PM
  Psssst...they are post-tax. ** -- hokie80 02/12/2019 1:34PM
  He meant Feb 27 2020 ** -- Hokie360 02/12/2019 2:58PM
  People are stupid and only live in the moment. -- hokie80 02/12/2019 12:32PM
  Lol ** -- CPRVHokie 02/12/2019 3:36PM
  Content and context aren't your forte' -- hokie80 02/12/2019 1:30PM
  Ok ** -- CPRVHokie 02/12/2019 1:38PM
  He is so predictable and therefore fun to mess with! :) ** -- grill to chill 02/12/2019 1:08PM
  It's fun to point to point the obvious fly boy :) ** -- grill to chill 02/12/2019 3:38PM
  You don't sound snarky. -- MP4VT2004 02/13/2019 12:50AM
  I understand your premise -- RTFC 02/13/2019 10:19AM
  That's not how I understood it -- RTFC 02/12/2019 4:26PM
  Sorry, I didn't explain it very well. -- MP4VT2004 02/13/2019 12:57AM
  Media spinning it ** -- DaveVT 02/12/2019 12:36PM

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