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Business & farm
@Carl wrote:.....you can still take the per-mile deduction for each business mile driven with the vehicle.
I don't think that will work - See @Mike9241's post re using actual expenses (and depreciation deductions).
The standard mileage rate includes a depreciation component and this vehicle has an adjusted basis of $0 as a result of previous depreciation deductions.
‎November 11, 2023
5:04 PM