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Why are my vehicle deductions so low? I used actual expenses as opposed to mileage, ~$10,000. But only an $840 deduction. How does that happen?
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June 4, 2019
3:15 PM
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Deductions & credits
Your vehicle deductions are limited to the percentage of time you used the return for business. You have to enter your business and total miles in order for this to calculate correctly.
June 4, 2019
3:15 PM