Posted by js on April 29, 2002 at 19:04:41:
In Reply to: Re: Re: Re: Re: Tubas- Are they Tax Deductible? posted by Taxpayer on April 29, 2002 at 13:23:24:
No Chuck, I am suggesting that he take every legal and proper deduction. I would take the legal and proper $50. I might decide that for 50 cents it might not be worth it. I set up my past schedules (long since depreciated out) with an expert.
Not many are entitled to schedule their instruments. Those who are, should.
Anyone who is allowed to schedule and wishes instead to pay the $50 as "protection" in order to feed their paranoia may certainly do so. Incidentally, on the state taxation level the Governor of Arkansas set up a "Tax Me More" fund (as a poke at the Democrats in the state legislature) just in case anyone in Arkansas didn't feel as though they were taxed enough.