Important Changes for 1999The following items highlight some changes in the tax law for 1999. Standard mileage rate.ERROR MSGThe standard mileage rate for the cost of operating your car, van,pickup, or panel truck in 1999 is 32 1/2 cents a mile forall business miles driven before April 1. The rate is 31 cents a milefor business miles driven after March 31. See chapter 5. Travel To NetherlandsHealth insurance deduction for the self-employed.Bracke cheap hotelsFor 1999, this deduction increases to 60% of the amount you paidfor health insurance for yourself and your family. After 2001, thededuction will increase again. See chapter 10. Business use of your home.You may be able to deduct expenses for your home office even if itis not where you perform your most important business activities orspend most of your business time. See chapter 1. Photographs of missing children.Florence hotelsThe Internal Revenue Service is a proud partner with the NationalCenter for Missing and Exploited Children. Photographs of missingchildren selected by the Center may appear in this publication onpages that would otherwise be blank. You can help bring these childrenhome by looking at the photographs and calling1-800-THE-LOST (1-800-843-5678) if you recognize a child. |