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Publication 508 2001 Tax Year

Important Changes for 2001

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This is archived information that pertains only to the 2001 Tax Year. If you
are looking for information for the current tax year, go to the Tax Prep Help Area.

Standard mileage rate. Generally, if you drive your car to and from school, you can deduct 34 1/2 cents per mile. See Transportation Expenses under What Educational Expenses Are Deductible?

Limit on itemized deductions. If your adjusted gross income for 2001 is more than $132,950 ($66,475 if you are married filing separately), your itemized deductions may be limited. See the instructions for line 28 of Schedule A (Form 1040).

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