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Once you claim actual expenses and depreciation on a vehicle you cannot take the standard mileage rate in subsequent years. The election made the first year the vehicle is placed in service is the election you must use until the vehicle is retired.
Once you claim actual expenses and depreciation on a vehicle you cannot take the standard mileage rate in subsequent years. The election made the first year the vehicle is placed in service is the election you must use until the vehicle is retired.
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