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Mushmelon
Been Here Awhile
Joined: 07 Jan 2007
Posts: 237
Location: NY
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 Posted: Mon Jan 22, 2007 11:25 am Post subject: Deductible...or not? |
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Well I got a lovely parking ticket the other day while at an audition in NYC (despite reading the signs about a million times!). Do you think that is a legit deduction?
*EDIT*...Man...Where is my brain today...Can someone please move this to the CHAT forum?...Thanks!
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Tony Impieri
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Don G.
King's Row
Joined: 11 Nov 2004
Posts: 1071
Location: MA
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| Posted: Mon Jan 22, 2007 11:51 am Post subject: |
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With the price of parking in NYC, it's probably no more than a legitimate parking space, which is deductible. As long as you pay the ticket, I'd say go for it*.
* But I am not a tax advisor.  |
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Deirdre
Czarina Emeritus
Joined: 10 Nov 2004
Posts: 13023
Location: Camp Cooper
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| Posted: Mon Jan 22, 2007 1:21 pm Post subject: |
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I really doubt a ticket qualifies as a legitimate business expense.
Ask your accountant when the time comes, but be prepared to eat it.
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Mike Cain
Contributor III
Joined: 11 Nov 2004
Posts: 95
Location: New York
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| Posted: Mon Jan 22, 2007 3:36 pm Post subject: |
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Ouch, I feel your pain but I don't think parking fines are allowed as a cost of doing business.
The usual parking fine is $115 if you not towed you add another $100 for that.
Thats why I take public transportation. The last time I was towed and I had to find my car at the impound garage on the waterfront I paid about the same as the price of the car an ole "Ford Falcon".
I just love the Big Apple.
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SoundsGreat-Elaine Singer
King's Row
Joined: 30 Dec 2004
Posts: 1055
Location: Toronto, Canada
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| Posted: Mon Jan 22, 2007 3:58 pm Post subject: |
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Somehow or other I don't think expenses incurred by breaking the law would be deductible 
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Elaine
The Youthful Mature Voice (Emeritus)
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Mushmelon
Been Here Awhile
Joined: 07 Jan 2007
Posts: 237
Location: NY
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| Posted: Mon Jan 22, 2007 4:11 pm Post subject: |
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| SoundsGreat-Elaine Singer wrote: | | Somehow or other I don't think expenses incurred by breaking the law would be deductible |
Ahh...but that WOULD open up ALL sorts of possibilities now...wouldn't it?
I honestly didn't think that it would be deductible...I was just humouring myself by running it past you guys. Normally, I either take the train in or use a garage depending on my schedule. That particular day (on the way to the garage) I decided to park on the street because I saw a spot open up that looked too good to be true...and it turned out that it was. Although the sign was somewhat misleading. I thought I had seen them all as I had (in a former life) lived in the city and did the alternate side parking shuffle for a number of years...Even the old regulations in my old neighborhood have changed...the only thing constant is change...about $115 in change!
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Tony Impieri
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