This post is one of the many “Useful Links” you will find on this website’s “Useful Links” page. Links on the “Useful Links” page are in a sortable table by category and subject matter. That page has links to articles or sites that are useful on various subjects. If you have a suggesting for another “useful link” to add to our list, please contact us and let us know.
Subject: Means Test – Transportation
Useful Link: Means Test – Transportation, http://www.irs.gov/Businesses/Small-Businesses-%26-Self-Employed/Local-Standards:-Transportation
Local Standards: Transportation
Disclaimer: IRS Collection Financial Standards are intended for use in calculating repayment of delinquent taxes. These Standards are effective on April 1, 2013 for purposes of federal tax administration only. Expense information for use in bankruptcy calculations can be found on the website for the U.S. Trustee Program.
Download the transportation standards in PDF format for printing. Please note that the standard amounts change, so if you elect to print them, check back periodically to assure you have the latest version.
The transportation standards for taxpayers with a vehicle consist of two parts: nationwide figures for monthly loan or lease payments referred to as ownership costs, and additional amounts for monthly operating costs. The operating costs include maintenance, repairs, insurance, fuel, registrations, licenses, inspections, parking and tolls (These standard amounts do not include personal property taxes)…..