Question: If an employee or self-employed individual uses the actual method of deducting automobile expenses and claims depreciation for the first two years of business use,
If an employee or self-employed individual uses the actual method of deducting automobile expenses and claims depreciation for the first two years of business use, can the individual switch to the standard mileage rate method for the third year and beyond?
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The taxpayer may not switch to the standard mi... View full answer
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