Terry in Huntsville wrote:Hi,
Realizing that IRS would be the final authority (no pun intended on the "final"), has anyone had any experience deducting costs of rental aircraft for charitable flights?
This is one area where renting has a benefit. Since the whole cost is paid explicitly for that flight it can be shared or deducted.
Jon wrote:But what about an owner who uses the plane exclusively for transports. Certainly he would be as entitled to deduct every expense relating to the operation of the plane since that is no different than deducting the rental cost which includes those costs.
Jon wrote:Is there a standard such as the uniform deduction per mile for the use of a personal car?
Jon wrote:What does the IRS consider reasonable?
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