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Old 01-21-2011, 12:50 PM   #5
FED 387
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Default Re: The IRS and NHRA, you gotta see this.

Ed --in our case the with the IRS it was a matter of interpretation of a rule---the 1st agent I had said no and his superior who was a road racer(SCCA) understood my thoughts on the deductions and was more than sympathetic to me in reaching a fair and equitable decision.In the end I paid a small additional amount of tax (about $90) and I was good to go... Never had a problem with using/claiming that deduction again
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