- 17 -
substantiation requirements. Sec. 1.274(d)-1(a)(1), Income Tax
Regs., supra. A taxpayer may use the standard mileage rate in
lieu of actual operating and fixed costs of the automobile
allocable to business purposes, including depreciation,
maintenance and repairs, tires, gasoline, oil, and insurance.
Sec. 1.274(d)-1(a)(2)(iii), Income Tax Regs.; sec. 1.274(d)-
1T(b), Temporary Income Tax Regs., supra; Rev. Proc. 96-63 sec.
5.03, 1996-2 C.B. 420, 422; Rev. Proc. 97-58 sec. 5.03, 1997-2
C.B. 587, 589; Rev. Proc. 98-63 sec. 5.03, 1998-2 C.B. 818, 820.
Tolls attributable to the use of an automobile for business
purposes may be deducted as separate items. Rev. Proc. 96-63
sec. 5.04, 1996-2 C.B. at 422; Rev. Proc. 97-58 sec. 5.04, 1997-2
C.B. at 589; Rev. Proc. 98-63 sec. 5.04, 1998-2 C.B. at 820.
Petitioners claimed deductions for an amount equal to the
standard mileage rate times the miles that Mrs. Whitehurst drove
in her automobile to and from bowling tournaments. On the basis
of a review of the record, we are satisfied that she drove
approximately 11,899 miles in 1997, 16,900 miles in 1998, and
17,303 miles in 1999 with respect to her bowling activity.
Petitioners also produced receipts for tolls paid while driving
to and from bowling tournaments, for $9 in 1997, $25.35 in 1998,
and $21.95 in 1999.
Page: Previous 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 NextLast modified: May 25, 2011