The IRS and NHRA, you gotta see this.

FED 387 · 01-21-2011, 12:50 PM

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

01-21-2011, 12:50 PM	#11
FED 387 VIP Member Join Date: Jun 2006 Posts: 3,421 Likes: 529 Liked 333 Times in 180 Posts	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