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Get your taxes done using TurboTax
Maybe, but probably not.
Car expenses are deductible. You can deduct the percentage of expenses equal to the percentage of business use of the car. Then, once you have come up with the deduction amount, you have to add in the mileage reimbursement. If the mileage reimbursement is greater than the expenses (and it should be - it's designed to be) then you will have no deduction.
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‎February 8, 2022
5:42 PM