My Vehicle Tax Receipt for SC shows $97.00 Net and County Fee of $50.00 , which is total tax paid of $147.00. Which portion is deductible for business expense?
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My Vehicle Tax Receipt for SC shows $97.00 Net and County Fee of $50.00 , which is total tax paid of $147.00. Which portion is deductible for business expense?
My Vehicle Tax Receipt for SC shows $97.00 Net and County Fee of $50.00 , which is total tax paid of $147.00. Which portion is deductible for business expense?
For business purposes they are both deductible. As an itemized deduction on Schedule A, only the tax of $97 is deductible.
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