- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
You can deduct mileage instead of deducting actual expenses any year if you used the standard mileage rate for the first year that you used your vehicle in business. After the first year, you can switch between the two depending on which gives you the largest deduction.
‎June 4, 2019
11:04 PM