what is Michael’s deductible mileage?
919935
Mileage travelling to/from home is not deductible, so 15+14+18 is the answer. In the real world, Michael would add an additional trip of #3 to Office then office to home, thereby gaining an additional 10-miles deductible.
131149
Vehicles bought in 2004 and 2005 and costing more than $ 30,000 are classified under class 10.1 .Other vehicles are classified under class 10.The depreciation rates for both classes is 30%.
583445
I am a CPA working with realtors.\nYou can deduct auto expenses (per mile or actual expenses, but not both), fees paid to broker, advertising, office supplies, meals with clients (at 50%), telephone, internet, depreciation of office equipment and furniture, professional licensing fees, continuing education fees, insurance (not health), contract labor and / or salaries paid to employees, interest on business credit cards or loans, legal / accounting fees, office expenses, rent or lease payments for office or equipment, repairs and maintenence of business assets, supplies, taxes paid (personal property or other business taxes), travel, utilites paid, postage.\nThe list could be endless.  If you are really unsure of how to proceed, contact a professional who could make it a lot less painful.  The state you reside in is also a factor.
848560
Whooah.. lotsa questions.\nWith you only making 2000 this year you don't need to file but if you are going to here's the info you requested: \n\nAs far as itemizing, you just need to make sure that it is higher then your standard deduction. (SEE SOURCE)\n \nWith the 1500 on surgery this would go on your Schedule "A" and it's limited up to 7% of your income.\n \nAs far as buisness expenses on the Schedule "C", everything is a Dollar per dollar deduction. It sounds like you should defenitly do that schedule c, which is just another way of itemizing. \n\nIf you are tring to deduct those 80 miles - you can, somewhat, you can deduct the gas it took to get you out there (standard or actual if you have been saving your reciepts), but using your time as a deduction.... I think not. \n\nBe careful about buying that laptop. You should probably find out how much your estimated quarterly tax payment is (DUE JAN. 15th) before hand. (SEE SOURCE)
257946
If the marathon is to raise money for a recognized charity, it is deductible.  You can pay by check or ask for a receipt.
779986
You can't "write it off."  The $500 IS income (you would have to pay for the car yourself otherwise,) and the 22 cents per mile pretty much seals the deal -- you are being given a car by a company, and you can't even claim the normal "I use it 60% of the time for business" sort of deduction, because you're also getting paid for that.\n\nYou can offset the $6,000 untaxed income (for which you'll be paying up to $2,000 in taxes) by charitable deductions, paying into a 401k or other retirement plan, etc, but you aren't going to be able to duck the hit on your taxes.  The amount may be high enough, in fact, to incur penalties for underwithholding, so doing what you can today to get the untaxed income covered might be a good idea.\n\nYou should also consider and discuss with the company if there is a better way to handle this.  They may be doing it for any number of reasons, or they might just do it as a "default" and have other options (best one being "they own the car, you use it ONLY for business reasons.")\n\nSee IRS publication 463, chapter one and, more specifically, chapter four.  I've provided a link in the "source" below.  You should also consider consulting a tax professional and/or accountant if reading Pub 463 gives you a headache.
541362
no can pay anything but keep track of your miles as you can claim off you income tax the difference-it adds up quick
488809
The standard mileage rate starting 1/1/2006 is 44.5 cents per mile.\n\nTo calculate depreciation, you will need to learn MACRS.  See http://www.irs.gov/pub/irs-pdf/p946.pdf for more details.\n\nGood luck.
2864
it depends.  travel  allowance (meaning not based on mileage) is like bonus, needs to be suject to payroll taxes withholding.  mileage reimbursement (meaning reimbursed by miles) is like reimbursement, not subject to tax and log sheet must be kept every month
85072
Business don't actually have to pay you anything, however, if you drive a lot for work, you can write that expense off on your taxes, the rate for 2006 is 44.5 cents per mile.
162037
a million a mile is the current rule of thumb
151369
That would be "double dipping" and is frowned upon. You could, however, review what your refund would look like if you just took the federal deductions and didn't receive the mileage checks.
415093
2300 Jackson St. (not named after Michael)\n\nhttp://www.findarticles.com/p/articles/mi_m1355/is_1_104/ai_104611462
9862
Commuting expenses are not deductible for Individual or for businesses per IRS Publication 463  "Commuting expenses.   You cannot deduct the costs of taking a bus, trolley, subway, or taxi, or of driving a car between your home and your main or regular place of work. These costs are personal commuting expenses. You cannot deduct commuting expenses no matter how far your home is from your regular place of work. You cannot deduct commuting expenses even if you work during the commuting trip."
855856
Those expenses are only a factor if you choose to itemize.  If the "we" in your questions suggests that you are married and intend to file jointly your standard deduction for 2006 will be $10,300.  The portion of medical expenses that exceed 7.5% of your AGI are deductible.  That amount and your other deductions would need to be greater than $10,300 before you would make that choice. But you should still keep the documentation of those medical expenses.  You would include in your medical expenses any mileage you drove to receive the care.  The rate for 2006 is .18 cents a mile.
673860
To an extent yes as the loan is tax deductible.  The problem arises if the loan is for 15 years and the car only lasts 5.  That means you are paying an additional 10 years for something that you no longer have.
177728
you can deduct your gas (from receipts), but you have to know your business mileage (or business related) for the first 8 months vs. the last 4 months and your overall mileage including personal use b/c there's a certain formula used. Usually, in most cases, the best way to go is to use the standard mileage rate. Also, there's no sense in deducting your mileage on a form 2106 (unreimbursed employee expenses) for your schedule a unless you have enough expenses to exceed your standard deduction. however, if your talking about self employment (your schedule c or c-ez) then there's no basic to deduct or try to override. Also remember, that it's not always best to deduct your mileage on a schedule c or c-ez, sometimes it can be more harmful than useful.