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Can you depreciate your vehicle and take the standard mileage deduction? I purchased a vehicle for my business, I drive it exclusively for it. I want to know if I can write off the cost of it as well

 
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DeniseF1
New Member

Can you depreciate your vehicle and take the standard mileage deduction? I purchased a vehicle for my business, I drive it exclusively for it. I want to know if I can write off the cost of it as well

No. You have to take one or the other, NOT both.

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