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re: Flex Fuel Vehicle Tax Deduction

Posted on 2/7/12 at 2:00 pm to
Posted by iknowmorethanyou
Paydirt
Member since Jul 2007
6550 posts
Posted on 2/7/12 at 2:00 pm to
So your understanding is that just because your vehicle does not seem to qualify by all relevant standards, it does in fact qualify because you say so? If that's the case, I have quite a few extra deductions to claim this year.


ETA: I like the confidence factor of saying your scope of knowledge exceeds a trained professional. The minimum standard is 85%.
This post was edited on 2/7/12 at 2:02 pm
Posted by TortiousTiger
Baton Rouge
Member since Jan 2007
12668 posts
Posted on 2/7/12 at 2:30 pm to
quote:

I like the confidence factor of saying your scope of knowledge exceeds a trained professional.


well, I have been to more complex tax law classes than 99% of the cpas out there (although I don't deal with tax on a daily basis).

I also don't trust anyone to not be an idiot with my money.

quote:

So your understanding is that just because your vehicle does not seem to qualify by all relevant standards


what you fail to accept is that there is only ONE relevant standard and that is outlined in black and white (and quoted for you several times)
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