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8-which of the following statements determine whether your company can use the standard mileage rate for its vehicles as a deduction on its tax return?

8-which of the following statements determine whether your company can use the standard mileage rate for its vehicles as a deduction on its tax return?

Select all Answers that apply:

A-The vehicle has been expensed.

B-The vehicle has been depreciated

C-The vehicle over 5 years old.

D-The vehicle will be sold this year.

E-The vehicle is part of a fleet of vans.

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