- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Business & farm
Sorry, perhaps my question was unclear. I'm planning on utilizing the standard mileage deduction this year. My question is regarding the purchase price of the car. Can I only claim my down payment and loan payments this year for expenses, or is there a way to spread the deduction for the purchase over the next few years or the life of the investment?
‎June 3, 2019
11:07 AM