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Tax - Intermediate Vehicle Expense [2019] _ 9 To claim a personal residence as the tax home, a taxpayer must: A.- Acknowledge the home as
Tax - Intermediate Vehicle Expense [2019] _ | |
9 | To claim a personal residence as the tax home, a taxpayer must: |
A.- Acknowledge the home as their domicile. | |
B.- Incur substantial, continual living expenses there. | |
C.- Pay a few bills there every once in a while. | |
D.- Make sure the address on their driver's license matches the address of the personal residence. | |
10 | It is important to determine a taxpayer's tax home because: |
A.- Tax home determines residency for state income tax. | |
B.- Transportation expenses are only deductible outside the taxpayer's tax home. | |
C.- Travel expenses are only deductible outside the taxpayer's tax home. | |
D.- Both transportation and travel expenses are only deductible outside the taxpayer's tax home. |
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