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Business & farm
I know it does, but my vehicle gets really good mileage and using the larger 57.5 cent per mile deduction makes it appear I am losing ALL my business profit. No one works for free, right? I think I will go with it though, since getting to the right page is such a problem, and I need to think about future years being stuck in not going back to the standard mileage deduction if I use actual expenses the first year of using this vehicle.
‎February 4, 2021
9:11 AM