Doing 2007 taxes. Can I include deductions like personal international travel, expense for car repair, etc?
Posted by admin on April 29, 2010where can I include my personal travel expenses while filing my taxes.
also my car got into accident last year and hence had to spend for it’s repair. Can I include this expense as deduction? if yes where can I include.
Nope.
Posted under car repair

Nope.
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Personal expenses are not deductible.
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No to personal travel for pleasure.
Yes to personal travel to receive medical care.
A portion (not all) of the difference in the value of the car immediately before wrecking and the value of the wrecked car immediately after wrecking (before repairing) is deductible as a casualty expense. This difference is usually assumed to be the same as the repair cost. Again, only a portion, not all, of this is deductible. Note that you deduct it on the return for the year of the wreck, not the return for the year of the repairs.
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You can’t deduct any of your personal travel expenses.
If you weren’t reimbursed for the accident expenses, you might be able to claim a casualty loss on schedule A for part of that expense if you itemize. But if you COULD have been reimbursed, and just didn’t turn it in, you can’t get a deduction.
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