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Tax Write-off
Hello!
My husband works in a Partnership, he gets Schedule K-1 every year to file with his taxes. This year he bought a new (not brand new, but new for him) truck to get to work and back. It is NOT an EV. I know that he can write off the mileage and repairs on it since it's used solely for work purposes, but can he write off the cost of the truck and/or interest paid on it?
Thanks in advance for your help!
Zhenya VC
‎September 28, 2022
9:18 AM