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Business & farm
@Will30747 wrote:Is it an option to complete a straight line depreciation form/worksheet and include the deduction amount in Turbo Tax under Schedule F - Miscellaneous Expenses.
This way I could go back to the standard mileage deduction in a future year once I fall below 50% business use threshold?
Yes.
No. As was mentioned, in order to use the Standard Mileage Rate, it must be used in the first year.
‎December 30, 2020
3:05 PM