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Deducting vehicle mileage
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tmrand
Posted 2/19/2025 17:35 (#11113094 - in reply to #11113075)
Subject: RE: Deducting vehicle mileage



Southeast Colorado
We've got a couple of nicer rigs that see very few miles. On those we use actual deductions instead of using the mileage option. Once you're down low enough.........just being able to deduct the cost of the vehicle + insurance and tags, fuel and such might be worth more than cents/mile over the vehicle's life.
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