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My vehicle expense summary reflects a tax deduction of $15,200 while my vehicle expense shows only $7100. My vehicle is used 90% for biz, so why is my expense only 47%?
I would like the full benefit of the actual expense method of $15,200 but seem to be getting less than half of that which shows as $7100 of vehicle expense and don't understand why?
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‎October 5, 2023
4:31 PM