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Business & farm
I am not an expert but it seems to me one can own multiple cars, each using a different method. But not all cars have to use same method. It is NOT the business that dictates how a car's expenses are applied but the car itself. Each car has to use a consistent method. You calculate total cost per car. Then apportion a fraction of the total cost to each Schedule C according to the percentage of use by each Schedule C.
‎August 26, 2022
2:22 PM
5,068 Views