Are commuting bikes deductible?

[rcnute]

All? :banana: In part? :beer: Did someone try this and get dinged? :eek:

[DukeHorn]

Doubt it, unless you're using the bike to go to your clients' offices.

Otherwise, we'd all be taking deductions on mileage just driving to and from work :D.

My limited 2 cents.

[johnnymossville]

I think there are plans in some cities/states/countries to give tax deductions to commuters, but that's all I've heard. Kinda makes sense though doesn't it? But then how do you enforce the whole thing?

[dwightskin]

A college roommate deducted the entire cost of the bike he used for his Summer Bike Messenger job.


Seemed kind of fishy to me . . . .

[rcnute]

I'd be amazed if it was. But wanted to make sure I wasn't paying any more to the feds than I had to. :crap:

[slowgoing]

Plus, if you sold it, you'd have to take the proceeds back into income, small as they may be for a used bike. But many people forget about that part.

[false_Aest]

I think it depends on what kind've job.

As a self-employed artist/freelancer I'm rather sure I can deduct it with creative wording.


I doubt you could if you worked at a grocery store.

T

[michael white]

I asked my tax man this year about this, and he said no. I've been bike commuting to my university here for thirteen years or so. But I always take the car deductions. I figure it's one of those strange double standards of our culture.

[SadieKate]

Whether a bike is deductible would probably depend on whether it is business related expense, wouldn't it? Your accountant probably deducts the cost of his work computer, etc.. Isn't a bike messenger's bike the same thing? A commuter bike is not a work-related tool in the same manner.