LO.2 Anthony just purchased a new automobile, which he plans to use primarily for business. As he
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LO.2 Anthony just purchased a new automobile, which he plans to use primarily for business. As he had to finance the purchase, Anthony is planning to deduct the interest expense on the car loan. Is Anthony’s expectation correct? Explain.
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Related Book For 
South Western Federal Taxation 2013 Individual Income Taxes
ISBN: 9781133189558
36th Edition
Authors: William Hoffman, James E. Smith
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