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Deductions & credits
It depends. Are you taking the standard mileage deduction? If so, depreciation is included in the calculation. When you are in the business expenses, there will be a section for Vehicles. You will enter the information there. If you choose the actual expense method and take the Section 179 deprecation, the standard mileage deduction will not be available in subsequent tax years.
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‎April 27, 2020
10:25 AM