Can i deduct mileage and depreciation on the same vehicle

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Can i deduct mileage and depreciation on the same vehicle

No, you can either take the standard mileage deduction, or the actual deduction (which includes depreciation.) See the FAQ below for further explanation: https://ttlc.intuit.com/replies/3302360

Also, see the following TurboTax article for more info: https://turbotax.intuit.com/tax-tools/tax-tips/Small-Business-Taxes/Business-Use-of-Vehicles/INF1207...

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