Welcome Guest. Register Now!  



 
 
LinkBack Thread Tools Search this Thread Display Modes
Prev Previous Post   Next Post Next
  #1 (permalink)  
Old 11-16-2017, 06:13 PM
Junior Member
 
Join Date: Nov 2017
Posts: 2
Vacation trip won

I won a vacation from Phillip Morris/ Marlboro. I am trying to find a way to reduce the cost in taxes. Where can I find fair market value for this trip?
Also, it is my understanding you can reduce the cost of taxes if you put money towards the trip in any way. I won this trip at a music festival that I had to pay over $500 to attend, is this an amount I could argue against what they are charging me for the taxes? Thanks!



Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
 



Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Selling vacation property. Diogenes Capital Gains 1 02-09-2017 07:54 PM
Claim airfare for work/pleasure trip cronk005 Miscellaneous 1 01-21-2015 12:54 AM
Question on Tax Filing for Business Trip WiscSmallBusine Limited Liability Company 1 10-22-2014 04:57 AM
Research, language study and personal trip Camelman For 2013 1 04-10-2014 09:36 PM
Deduction for Volunteer Trip to Lourdes, France crosby1 Itemized Deductions 1 12-05-2010 01:17 AM

Follow us on Facebook Follow us on Twitter Google Buzz Rss Feeds

» Categories
 
Individual
 » Income
 » IRA/Sep
 » Medical
 
Corporations
 » Payroll
 
Forum for CPAs
 
Financial Planning
 
 
 

» Recent Tax Q&A
No Threads to Display.