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No, you don't have to claim the vehicle as an asset if you are taking standard mileage deduction. A vehicle must be entered as an asset when taking actual expenses and the depreciation method, but not for standard deduction method.
No, you don't have to claim the vehicle as an asset if you are taking standard mileage deduction. A vehicle must be entered as an asset when taking actual expenses and the depreciation method, but not for standard deduction method.
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