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Get your taxes done using TurboTax
@lameri wrote:
@Anonymous_ I see, thanks. Well, then I don't understand why it is even listed in that report.
Because a certain amount of depreciation is embedded in the standard mileage rate.
See https://www.irs.gov/publications/p463#en_US_2022_publink100034056
Your basis is reduced by the amount of depreciation allowed.
‎October 20, 2023
1:58 PM