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Get your taxes done using TurboTax
Yes. You may use the same vehicle in 2014 for business purposes that you used in 2012.
Use the standard mileage rate to figure the deductible costs of operating your car for business purposes. If you do not use the standard mileage rate, you may be able to deduct your actual car expenses.
For more information on the standard mileage rates for 2014 see the following link: https://www.irs.gov/newsroom/2014-standard-mileage-rates-for-business-medical-and-moving-announced
‎June 5, 2019
3:56 PM