Posted: 10/20/2015 2:48:27 AM EDT
[#14]
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He's saying it was a big FU to the IRS because he called his predator hunting rig a "business expense" and deducted all $5k of it.
Again, it is a bad idea to deduct your tax stamps themselves. The tax code specifically states that excise taxes and tax stamps are not deductible, otherwise people could also deduct booze, cigarettes, gasoline, and a host of other taxed but voluntary purchases. View Quote View All Quotes View All Quotes Quote History Quoted:
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I use my SBR for coyote control on the farm. Horses don't like loud noises, so I shoot suppressed. With a 10" barrel and suppressor my SBR weighs the same as it did with a 16" barrel and 12" forend.
The REAL reason I did it, one big F U to the IRS!
FYI, I deducted my whole rig from my taxes, all $5k of it, for pest control on my farm. Don't forget to deduct your tax stamps, you are not obligated to pay taxes twice, it's actually illegal.
#boss
I have a number of stamps...I don't know how me giving them $200 for each stamp, and that adds up, is a big FU....
He's saying it was a big FU to the IRS because he called his predator hunting rig a "business expense" and deducted all $5k of it.
Again, it is a bad idea to deduct your tax stamps themselves. The tax code specifically states that excise taxes and tax stamps are not deductible, otherwise people could also deduct booze, cigarettes, gasoline, and a host of other taxed but voluntary purchases.
The stamps are not deductible but he is deducting his cans, ammo and anything else he can claim helped him kill hogs or whatever it is he is killing.
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