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Financial Planning / Tax Strategies


Subject:  Re: deductions for travel Date:  3/29/2000  11:38 AM
Author:  TMFExRO Number:  32921 of 124795

<< I am a new Fool as well as a new investor.I am a substitute teacher.I travel approx 25 miles each way to work as well as 25 min. to get there and to get home. Is my milage deductable? Is my time in transit somehow translatable into deductable terms? >>

Sorry, but in the tax world your time has no value, and commuting expenses are not deductible.

Phil Marti
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