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MindyS2
Employee Tax Expert
Employee Tax Expert
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Latest badges earned

  • Solved Re: Vehicle Purchase

    From the irs.gov topic no. 510. If you take the actual miles first year, you must continue with actual expenses. Standard Mileage Rate -For the current standard...
    MindyS2
    Updated Jan 18, 2024

  • Solved Re: Vehicle Purchase

    Congrats on the new to you vehicle. There are two different ways you can expense this truck. The very first year that you placed this truck in service is very i...
    MindyS2
    3
    Updated Jan 18, 2024

  • Re: IRA’s

    Congrats on the Tesla purchase, also contributing to an IRA. The amount that you can convert from a traditional to a Roth IRA to have $7500 worth of tax liabili...
    MindyS2
    Updated Jun 29, 2023

  • Re: Volunteer Work and Mileage log

    The short answer is maybe. You can claim mileage driven for volunteering as long as it is for a qualified charity and you are using your own vehicle. The curren...
    MindyS2
    Updated Jun 28, 2023
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