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A taxpayer who is a sole - proprietor has a vehicle that they use for business purposes. It is the only vehicle used and is
A taxpayer who is a soleproprietor has a vehicle that they use for business purposes. It is the only vehicle used and is used for business purposes. The first year they placed the vehicle in service was treated using the standard mileage rate. During the year they paid a significant amount of money in repairs and maintenance and wish to switch to the actual expenses method. Is this allowed?
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