I coudlnt find this on any previous posts but is the Gas Guzzler Tax deductible in the US?
H hal2000 · Registered Joined Aug 16, 2005 · 537 Posts Discussion Starter • #1 • Aug 17, 2005 I coudlnt find this on any previous posts but is the Gas Guzzler Tax deductible in the US?
6 6speed · Registered Joined Feb 2, 2005 · 1,047 Posts #2 • Aug 17, 2005 No it is not but........ If it is a business car, your guzzler tax is included in the auto expense which means you can at least depreciate it with the car. Hope that helps
No it is not but........ If it is a business car, your guzzler tax is included in the auto expense which means you can at least depreciate it with the car. Hope that helps
H hal2000 · Registered Joined Aug 16, 2005 · 537 Posts Discussion Starter • #3 • Aug 17, 2005 Thanks very helpful. Painful paying that 3,000 tax.. oh well.