You should enter the business use percentage of the vehicle fair market value (FMV) in each rental activity based on the business miles and total miles of the vehicle for each rental.
- Example: Total miles 10,000 | Business miles rental 1 = 2000 | 2,000/10,000 =20%
- | Business miles rental 2 = 3,000 | 3,000/10,000 = 30%
@manbeing
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