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Business deduction
I have a lawnmowing service, sole propiertorship. I bought a truck for the business. It was purchased in my name and is insured under my business insurance. My employee uses it 9 months of the year. During the winter I use it. I have a d/b/a company. Can I deduct the principal I pay annually for the truck as well as the interest?
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‎February 1, 2021
3:21 PM