Saturday, April 24, 2010

ANOTHER UPDATE: Special Food as Tax Deduction

Original article of explanation.

UPDATES: You can also deduct mileage to and from your source of deductible food, as long as that's the only reason for the trip--.24/mile.

Postage is also deductible for internet purchases.

IRS rulings (there is no specific pamphlet on this yet, just letters and rulings):
* IRS Revenue Ruling 55-261
* Cohen 38 TC 387
* Revenue Ruling 76-80
* 67TC 481
* Fleming TC MEMO 1980 583
* Van Kalb TC MEMO 1978 366

THESE MUST BE ATTACHED TO YOUR TAX RETURN, OTHERWISE YOU'RE AUDIT FODDER!

Further reading: Celiac.com, Suite 101, E-How.

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