Can You write Off Parking Tickets?

No, parking tickets are not tax-deductible, whether for personal or business purposes.

Reasons:

  1. IRS Rules: The IRS does not allow deductions for fines or penalties paid to a government entity for breaking the law. This includes parking tickets, speeding tickets, or other fines, even if you incurred them while conducting business.
  2. Business Expenses: Even if you receive a parking ticket while driving for business purposes, you cannot deduct it as a business expense. The IRS views fines and penalties as the cost of violating the law, and such expenses do not qualify as necessary and ordinary business expenses.

In short, parking tickets and other fines are considered non-deductible personal expenses, even if related to business activities.

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