Can you take the standard mileage deduction in a D unit?
How much is it? Seems that it would increase per size of the truck?

Thanks

[Fkatz]

Arky,

In answer to question about the standard mileage deduction in a "D" unit, the legal answer is NO, you must take the Actual expenses,
depreciation =, fuel, maintenance, extra oil, tires, repairs, etc.
but I have taken the standard on a straight truck a few times due to the fact that mileage is a larger deduction than actual. but it wil become a red flag for the IRS.

the other question that you asked was how come the mileage rate does not go up per size of truck. because the actual law for the standard mileage deduction was not made for trucks over 10,000 lbs period, Read IRS Publication 17, Taxes for individuals, 334 Small Business information, 463 travel, entertainment, and car expenses, and 535 Business Expenses. you can read them on the internet at [www.irs.gov]

Frank Katz
Frank's Tax & Business Serv
226 Cherokee St
Kings Mountain, NC 28086
704-739-4039
Fax 704-739-3934

Thanks for the advice Frank. I see that your in here a lot. I like that. It's good to know that there are still people in the world willing to take time out of their day to help others.
As for the tax laws, I'll take your word for it. i was just wandering. I know that I use the mileage deduction on my pickup and it is pretty easy to just wite down the mileage..lol..

Thanks again