Mosaic
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No, it isn't ... So if you qualify for depreciation, from the first year you bought the car only, you should figure out which gives you the better return and st...
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Ok... Its not for as long as you own the vehicle for business use. After 6 years you can no longer depreciate it, its fully depreciated, with a claim for a part...
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Actually the IRS is the best place to get answers to tax questions. You can depreciate an old car IF you just bought it and put it into service the first year y...
Activity Feed for Mosaic
- Posted Re: Depreciating is part of the standard mileage. on Business & farm. May 22, 2025 9:34 AM
- Posted Re: Unfortunately, the IRS does not allow that: Once you use... on Business & farm. May 22, 2025 9:31 AM
- Posted Re: Is it possible to depreciate an old car? on Deductions & credits. May 22, 2025 9:12 AM