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Deductions & credits
My schedule C expenses are about 50% of my 1099 income. But if the vehicle being used is used 90% for business then I would think that 90% of the actual vehicle expense would be deductible. The program says that the deduction is over 15K but it shows vehicle expense at just over 7K. Not sure why? Thanks for your input.
‎October 6, 2023
10:22 AM