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CAR DEPRCIATION OR MILEAGE CHOICE
I have a new car that I purchased in October of 2019. I usually deduct my mileage for business travel. This year Turbo Tax suggests that I take the depreciation of the new vehicle for a high deduction. If I take the depreciation of the car for 2020, can I change it back to mileage deduction for the next tax year(2021)?
‎February 28, 2021
9:44 AM